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

"O" Terms

Origination Fee
A fee charged by the federal government and deducted from the proceeds of a loan before disbursement. This fee partially offsets the administrative costs of the Federal Family Educational Loan Program.
Other Aid
Any outside scholarships (high school, community, etc.), grants, fee waivers, veteran's education benefits, Bureau of Vocational Rehabilitation benefits, Job Training & Partnership Act (JTPA), or other aid sources that a student expects to receive during any given award year. Students receiving need-based aid must report all such awards to the financial aid office.
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