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Old 08-06-2011, 03:10 AM   #456
Antisdill
 
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Default Latest monetary news in Slough

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<strong>Certification</strong> – The act of attesting that something is true or meets a certain standard. 1) Within the FFEL Program, the school certifies each borrower' s student loan, attesting to the fact that required eligibility criteria have been met, such as need. 2) Within the state student assistance programs administered by the MDHE, the school certifies each student' s eligibility and at the same time requests funds.

<strong>Verification</strong> – A school' s procedure for checking the accuracy of information reported by students on their FAFSAs.

just wage (J3)<br />The wage which reflects a worker's contribution to society. AQUINAS and his scho- lastic contemporaries expounded this ethical view of wages. Today, Islamic scholars argue that the just wage is unrelated to time spent as time is valueless. Also, modem writers on WAGE DIFFERENTIALS and INCOMES POLICIES have implicitly used concepts of fairness and justice.<br /> <br /><em>Reference</em><br />Fogarty, M. (1961) The Just Wage, London: G. Chapman.
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