Glossary - U

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Undergraduate Students

Students registered at an institution of higher education in a program leading to a baccalaureate degree or other formal award below the baccalaureate such as an associate's degree.

Unemployed

Civilians who had no employment but were available for work and 1) had engaged in any specific job-seeking activity within the past 4 weeks, 2) were waiting to be called back to a job from which they had been laid off, or 3) were waiting to report to a new wage or salary job within 30 days.

University

An institution of higher education that consists of a liberal arts college, a diverse graduate program, and usually two or more professional schools or faculties, and is empowered to confer degrees in various fields of study.

Unsubsidized Federal Stafford Loan

A federal student loan program that provides low-interest loans to students in undergraduate, graduate, and professional programs. Unsubsidized loans are not awarded based on financial need. Interest on an unsubsidized loan is charged to the borrower throughout the life of the loan.

US Department of Education

Government agency that administers several federal student financial aid programs, including the Federal Pell Grant, the Federal Work-Study Program, the Federal Perkins Loan, the FFELP, and the FDLP. Also known as ED.