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Savings and loan association - A savings and loan association is a financial institution which specializes in accepting savings deposits and making mortgage loans. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers are members with voting rights and have the ability to direct the financial and managerial goals of the organization.
Pennsylvania Higher Education Assistance Agency - The Pennsylvania Higher Education Assistance Agency, commonly referred to as PHEAA, is the full-service student financial aid organization of Pennsylvania. Once a small student loan guarantor with a volume of approximately 5,000 student loans in 1964, it now manages more than $33 billion in total assets and serves nearly four million students through its state grant, guaranty, servicing, and financial aid processing.
Financial aid - In the United States, financial aid refers to funding intended to help students pay tuition or other costs, such as room and board, for education at a college, university, or private school. General governmental funding for public education is not called financial aid, which refers to awards to specific individual students.
Welfare (financial aid) - Welfare is financial assistance paid by the government to certain groups of people who are unable to support themselves, perhaps due to unemployment, disability or some other reason. Assistance may also take form of other relief, such as tax credits for working mothers.
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