Duke University
Financial Aid -- Making Your Duke Education Affordable
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Glossary of Financial Aid Terms

"I" Terms

Institutional Methodology (IM)
Formula used by many colleges, universities, graduate and professional schools, and private scholarship programs to determine an applicant's need and eligibility for private, non-federal, student aid funds. While similar to the federal methodology, IM takes home equity into account and includes a minimum expected contribution from the student, but also permits more generous treatment of medical/dental expenses, elementary and secondary school tuition payments, and child support payments. The 568 Consensus Approach uses the IM as a base for its calculations.
Institutional Student Information Report (ISIR)
An electronic record sent by the Department of Education to the school of choice as a result of completing the Free Application for Student Financial Aid (FAFSA). (also referred to as a SAR).
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