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<strong>OPE ID</strong> – An 8-digit identification number, including a 6-digit number followed by a 2-digit branch code, assigned by the U.S. Department of Education' s Office of Postsecondary Education (OPE) division after approving an institution to participate in the federal student aid programs. Schools that don' t administer Title IV aid but want their students to qualify for in– school deferments are also assigned an OPE ID number.
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compensation principle (D6)<br />The rule that redistribution leads to an improvement in economic welfare if those who gain an increase in real income and welfare are able to compensate the losers and still be better off. This major principle of modern WELFARE ECONOMICS was devised by KALDOR and HICKS to deal with the problem of making interpersonal comparisons of UTILITY; it has often been applied Ill COST-BENEFIT ANALYSIS.<br /> <br /><em>Reference</em><br />Mishan, E.J. (1981) Introduction to Normative Economics, New York: Oxford University Press.
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marginal efficiency of capital (E2)<br />The rate of discount which will make the present value of a stream of annual incomes from an investment in fixed capital & MEC, i
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<strong>State Student Financial Aid Committee</strong> – A committee of Missouri financial aid administrators established in February of 2005 to make recommendations to improve and strengthen the Missouri student financial assistance programs. (Formerly known as “the state aid program task force.” )
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