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<strong>Late disbursement</strong> – A disbursement made by a lender after the end of the loan period or the date on which the student ceased to be enrolled at least half time.
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<strong>Income-contingent repayment schedule</strong> – A repayment schedule for some Direct Loans under which the borrower' s monthly payment amount is adjusted annually, based on the borrower' s income, family size, and debt amount.
inside lag (E6)<br />A time lag occurring either because it takes time to recognize the state of an economy or because it takes time to take action to remedy an undesired state of affairs. A lag of this kind is either a REcoGNITION LAG or an IMPLEMENTATION LAG. Such lags can be reduced by AUTOMATIC STABILIZERS which, by their nature, operate without any decision- making response to a change in an economy.<br /><em>See also:</em> outside lag
quasi-autonomous non-governmental organization (L3)<br />A UK non-elected agency set up by a government department to act as a task force or to undertake activities contracted out by government. These 'quangos' have been criticized for having their members appointed under ministerial patronage and usurping many of the functions of local government. By 2000 there were hundreds of these.
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