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<strong>Missouri College Guarantee Program</strong> – A scholarship program based on financial need as well as high school and college academic achievement and administered by the MDHE through the 2006-07 academic year. This program was replaced by Access Missouri August 28, 2007.
bond market (Gl)<br />A market which raises long-term capital for governments and firms through bonds bearing a fixed rate of interest, as well as arranging the trading of issued bonds.
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<strong>Emergency action</strong> – A special action taken by the guarantor or by the U.S. Department of Education to temporarily suspend a school, lender, or servicer from participation in the federal student aid programs. An emergency action may be followed by the initiation of formal Limitation, Suspension, and Termination procedures.
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