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gross domestic product (EO)<br />The total output of goods and services produced within a given country in a particular time period. It is equal to the sum of the VALUE ADDED by each industry, net of all inputs, including imported INTERMEDIATE GOODS: this is equal to the FACTOR INCOMES of all persons engaged in domestic production. Gross domestic product together with net property income from abroad constitute gross national product.<br /><em>See also:</em> national income
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<strong>EDExpress</strong> – A PC-based software offered by the U.S. Department of Education to schools to administer the Federal Pell Grant Program and the direct loan program.
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<strong>Consummated loan</strong> – A loan for which disbursement funds have been delivered to the borrower. For example, a loan is considered consummated when the borrower cashes a paper check from the lender or when the school applies the proceeds of an ACH transfer to the student' s account.
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<strong>Full Time (FT)</strong> – An enrollment status indicating the student is carrying a full academic workload as determined by the school.
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