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<strong>The Blue Book</strong> – Department of Education manual providing guidance to school business office personnel who handle fiscal recordkeeping, accounting, and reporting functions for the federal Title IV student financial aid programs. The most recent edition is dated October 2005 and may be retrieved from the IFAP website (
http://www.ifap.ed.gov/bbooks/102005BlueBook.html).
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<strong>Federal Default Fee (FDF)</strong> – A loan program fee required by the Deficit Reduction Act of 2005 to offset the risk of default and its subsequent costs. All Stafford and PLUS Loans guaranteed on or after July 1, 2006 must be assessed a one percent default fee. The fee either must be deducted from the borrower' s loan proceeds at the time of disbursement or paid by a third party from other non-federal sources (such as by a lender or servicer). Also referred to as DFee.
chartered company (Ml)<br />A UK company established by a Royal Charter. Several, in particular the East India Company and the Hudson's Bay Company, were set up in Elizabethan England in the early seventeenth century.
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