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<strong>SLAP</strong> – St. Louis area group of financial aid professionals.
<strong>MODEL Direct</strong> – A web loan delivery product offered by the MDHE and developed by ASA, the MDHE' s servicer. MODEL Direct allows schools and lenders to inquire on loans or borrowers, submit change transactions, manage files, and guarantee new loans within a real-time environment. See
http://www.dhe.mo.gov/model.shtml for more information.
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apprenticeship (J2)<br />A period of training in a firm which enables a trainee to learn a craft under the supervision of a skilled worker. The trade to trade and country to country.<br /> Adam SMITH noted that in ancient times the period was commonly seven years, even in universities for studying for a Master of Arts degree. Apprenticeships have long provided technological education and transmitted sophisticated manual skills from one generation to another. But critics have viewed them as a union restrictive practice for they have been used to limit the number in a trade, and hence to increase average earnings. Recurrent skilled labour shortages in engineering have been attributed to the system.
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