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bond rating agency (Gl)<br />A financial markets specialist which rates the creditworthiness of the principal issuers of bonds - governments, municipalities and corporations. Standard & Poor and Moody's are the leading US agencies of this kind.<br /><em>See also:</em> AAA; BB; BBB; D; DDD; Prime-!
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<strong>National SMART Grant Program</strong> – A new federal grant available as of July 1, 2006. Eligibility for this grant is based on science and math curriculum and academic performance as well as financial need. SMART is an acronym for Science and Mathematics Access to Retain Talent.
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<strong>School as Lender (SAL)</strong> – A school, other than a correspondence school, that has been approved to act as a lender under the FFEL Program for its graduate and professional students. (Note: to participate as an SAL, the school had to be participating as of April 1, 2006. No new schools are being approved to act as their own lender.)
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<strong>P</strong> – Type of Dear Colleague Letter providing information about Pell Grants.
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