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Old 08-07-2011, 05:45 PM   #551
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BBB (G2)<br />STANDARD & POOR credit rating of securities which states that they are of medium grade.<br /><em>See also:</em> AAA; BB; QD; DDD

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<strong>PT</strong> – Part time, a term used to describe students attending school with less than a full-time academic workload, as defined by the school.

<strong>Grace period</strong> – The period that begins the day after a Stafford Loan borrower ceases to be enrolled at least half time and ends the day before the repayment period begins. During the grace period, the borrower is not required to make payments on the principal of the loan.
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