A
B
C D
E F
G H
I J
K L
M N
O P
Q R
S T
U V
W X
Y Z |
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| N |
| National
Credit Bureau |
A
credit reporting agency with a
service area encompassing more
than a single region of the country. |
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| National
Student Loan Data System (NSLDS) |
A
database comprised of information
from guarantors, schools, lenders and the U.S. Department of Education,
which contains information on
Title IV aid received by students. |
|
| Need
Analysis |
A standardized assessment of the ability of
a student or of a student’s
family to contribute toward educational
expenses. |
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| New
Borrower |
A borrower who has no outstanding balance on
a FFELP loan at the time he or
she signs a promissory note for
a FFELP loan. |
|
| New Hampshire Education Assistance Foundation
(NHHEAF) |
A guarantor of federal loans in New Hampshire. |
|
| New Jersey Office of Student Assistance (NJOSFA) |
A guarantor of federal loans in New Jersey. |
|
| New York State Higher Education Services Corporation
(NYSHESC) |
A guarantor of federal
loans in New York. |
|
| Non-Term-Based
Institution |
A school that measures its academic year in
credit or clock hours rather than
academic terms (e.g., semesters,
trimesters, quarters). |
|
| Northwest Education Loan Association (NELA) |
A guarantor of federal
loans in the states of Washington and Idaho. |
|
| Notification
(as it relates to the Stafford
MPN) |
A process by which the school, lender, or guarantor
notifies the borrower of the proposed
loan types and amounts. The borrower
is required to take action only
to reject or adjust the type or
amount of the loan. |
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Federal Consolidation Loan
