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<strong>Setting spending authority</strong> – The act of changing Bright Flight, Gallagher, and College Guarantee awards from estimated to actual in FAMOUS. Once spending authority is set, students' eligibility statuses are frozen and schools can begin requesting disbursements and award amounts.
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recontract (DO)<br />EDGEWORTH's notion that buyers and sellers initially make provisional contracts at DISEQUILIBRIUM PRICES and then subsequently, as a result of their exchange, make a new contract at, or approaching, an equilibrium price.<br /><em>See also:</em> tiitonnement <br /><em>Reference</em><br />Walker, D.A. (1973) 'Edgeworth's theory of recontract', Economic Journal 83: 138-49.
<strong>CTSF</strong> – Change Transaction Send File, the CommonLine file type used to send change transactions to guarantors, lenders, and/or servicers so that FFEL Program loans may be updated. CTSFs are divided into pre-disbursement transactions (@1-09) and post-disbursement change transactions (@1-10).
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