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<strong>FAT</strong> – Financial Aid Transcript, an official record of federal financial aid a student has received at schools the student previously attended.
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differential theory of rent (D3)<br />The theory of ANDERSON, RICARDO and others which asserted that the rent on land subject to DIMINISHING RETURNS arose from differences in fertility or location with no rent being paid on the least fertile or most distant land. As the margin of cultivation is extended, the total amount of rent paid increases.
<strong>Plain Language Disclosure statement</strong> – Document providing FFEL Program terms and other information in “plain language” (instead of jargon).
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<strong>Deficit Reduction Act of 2005</strong> – Legislation signed into law by President Bush in February of 2006. The portion of the legislation impacting student financial aid provisions, including student loan interest rates and fees, consolidation rules, school as lender, and other policies and procedures, is referred to as the Higher Education Reconciliation Act (HERA) of 2005.
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