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<strong>Delivery of proceeds</strong> – Delivery of loan proceeds by the school to the borrower. Also referred to as “release of proceeds.”
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<strong>Missouri Higher Education Loan Authority (MOHELA)</strong> – Missouri' s designated FFEL Program secondary market. MOHELA, a non-profit quasi-governmental entity, originates, disburses, services, and purchases FFEL Program loans. MOHELA was created more than 20 years ago and is headquartered in Chesterfield, Missouri.
Cultural Revolution (NO)<br />A change in the organization of the Chinese society and economy in the late 1960s and 1970s. This revolution challenged the DfV!SlON OF LABOUR previously practised, especially by breaking down the division between the town and count ryside. Revolutionary factory committees were set up to implement changes. These included using five-yea r plans only as general guidelines, requiring administrators to work two or three days per week in manual work and setting up of work teams involved in matters as diverse as production planning, assigning production tasks, establishing safety regulations and managing welfa re funds. Mass action was used to unify the working class.<br /><em>Reference</em><br />Bettelheim, C. (1974) Cultural Revolution and Industrial Organization in China. Changes in Management and the Division of Labour, trans. A. Ehrenfeld, New York and London: Monthly Review Press.
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