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<strong>T-bill</strong> – A note or bill issued by the U.S. Treasury as legal tender for all debts. The T-bill is used to calculate variable interest rates for federal student loans made prior to July 1, 2006, and to determine special allowance rates.
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money income (DO, M4)<br />Receipts expressed in money at the prices current when that income was paid; 'nominal income'.<br /><em>See also:</em> real income
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<strong>PPA</strong> – Program Participation Agreement with the U.S. Department of Education that permits a school to participate in the Title IV federal student financial aid programs.
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