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Old 08-02-2011, 05:29 AM   #67
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capital-labour ratio (D2)<br />The amount of physical capital employed by each worker usually measured by dividing the value of the capital stock by the size of the labour force. These ratios are central to theories of growth and of coMPARATIVE ADVANTAGE.<br /><em>See also:</em> capital deepening; capital intensive; capital widening
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<strong>PPA</strong> – Program Participation Agreement with the U.S. Department of Education that permits a school to participate in the Title IV federal student financial aid programs.
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<strong>Budget</strong> – Synonymous with Cost of Attendance (COA). In financial aid terms, a budget is an estimate of a student' s total education-related expenses for an enrollment period. The budget generally includes tuition, fees, room, board, books, supplies, and personal expenses. For the Charles Gallagher program, the standard budget for each institution consists of the institution' s prior year tuition and fees, room and board, and book costs reported through IPEDS, as well as standard budget figures determined by the MDHE using the Consumer Price Index (CPI). For the College Guarantee program, the budget is the lesser of the institution' s Gallagher budget or the average cost of attendance at the University of Missouri-Columbia.
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