Course Catalog / BMU 104 / Glossary
Glossary
Keep this page open while you study, or print it. See also the job aid.
- accreditation
- A review by an outside group that shows a school meets standards.
- accreditor
- The group that does the review.
- borrower defense
- A way to ask for federal student loans to be forgiven if a school misled you.
- credential
- What you earn: a certificate, an associate degree, or a bachelor's degree.
- format
- How classes meet: on campus, online, or a mix.
- graduation rate
- The share of students who finish at that school. For degree schools, Scorecard counts full time and part time students, including transfer students, and gives them 8 years.
- license
- Permission from the state to work in some jobs, like nursing or cosmetology.
- median earnings
- The middle salary of former students who got federal aid and are now working. Half earn more and half earn less.
- net price
- What you pay for a year after grants and scholarships. You do not pay those back.
- net price calculator
- A tool on a school's website that estimates your net price.
- placement rate
- The share of graduates who get jobs in their field.
- predatory school
- A school that uses false promises or pressure to sign up students, often for loans.
- recognized
- Approved by the U.S. Department of Education or CHEA.
- sticker price
- The full published cost for a year.
- transfer credit
- Credits from one school that another school accepts.