a substantial amount of the labor requirements for the farm and non-farm enterprise provided by: the borrower's immediate family; or may use a reasonable amount of full-time hired labor and seasonal labor during peak loan periods.

Under this program, FSA enters into an agreement with the lender to reimburse the lender 4 percentage points on the loan, in exchange for the lender reducing the interest rate charged to the borrower

These groups include women, blacks, American Indians, Alaskan Natives, Hispanics, Asians, and Pacific Islanders.

The maximum SBA debenture is $1,000,000 for meeting the job creation criteria or a community development goal. Generally, a business must create or retain one job for every $35,000 provided by the SBA. The maximum SBA debenture is $1.3 million for meeting a public policy goal.

It may also exist with considerably less than 50 percent ownership by contractual arrangement or when one or more parties own a large share compared to other parties. The affiliated business concerns need not be in the same line of business.

Through the CAIP, credit is available to businesses in eligible communities to create new, sustainable jobs or to preserve existing jobs. The CAIP works with the SBA in both their 7(a) Loan Guarantee Program and 504 Program to reduce borrower costs and increase the availability of these proven business assistance programs.

If you are attending less than half time, the COA includes only tuition and fees and an allowance for books, supplies, transportation, and dependent-care expenses. Talk to the financial aid administrator at the school you're planning to attend if you have any unusual expenses that might affect your cost of attendance.

The consequences of default are severe. Your school, the lender or agency that holds your loan, the state, and the federal government may all take action to recover the money, including notifying national credit bureaus of your default. This affects your credit rating for a long time. For example, you might find it very difficult to borrow money from a bank to buy a car or a house. In addition, the Internal Revenue Service can withhold your U.S. individual income tax refund and apply it to the amount you owe, or the agency holding your loan might ask your employer to deduct payments from your paycheck.

Citizens of the Federated States of Micronesia, the Republic of the Marshall Islands, and the Republic of Palau are not eligible for federal student loans.

The formula used to calculate your EFC is established by law and is used to measure your family's financial strength on the basis of your family's income and assets. The EFC indicates how much money you and your family are expected to contribute toward your Cost of Attendance (COA) for the school year