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Old 08-07-2011, 11:17 PM   #366
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<strong>FY</strong> – Fiscal Year, an annual budgetary period. A fiscal year may defined as a calendar year or other period, such as a State Fiscal Year (July 1-June 30) or Federal Fiscal Year (October 1– September 30).

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

creative federalism (H7)<br />A co-operative partnership between the federal, state and local governments of the USA which led to many new programmes. President Lyndon B. Johnson used this term to describe US federalism in the 1960s.<br /><em>See also:</em> co-operative federalism; dual federalism; fiscal federalism

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