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percentile (C1)<br />A value obtained by dividing data arranged in order of magnitude into 100 equal parts. The first percentile, for example, shows that value below which 1 per cent of the values of a variable lie. The LOWER QUARTILE is the 25th percentile; the MEDIAN is the 50th percentile; the UPPER QUARTILE is the 75th percentile.<br /><em>See also:</em> decile; median
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<strong>GP</strong> – Guarantee and Print, a type of application process flow within the FFEL Program and outlined in CommonLine file specifications. In a “GP” process flow, the school submits loan application information to the guarantor for guarantee. After the loan is guaranteed, either a paper MPN is mailed to the borrower for completion or the application is made available online for the borrower to complete and sign.
real wages (J3)<br />1 Money wages adjusted for inflation. Real wages can only increase if money wages rise faster than inflation.<br /> 2 The amount of goods and serv1ces a money wage can purchase.
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