"E" Terms

A | B | C | D | E | F | G | H | I | J | K | L | M
N | O | P | Q | R | S | T | U | V | W | X | Y | Z
ALL Terms | 1098

E·bill:
An e·bill is a monthly notice sent to the official USC email address of anyone with a balance due or any activity on their student account (with a few exceptions). The notice advises that a new monthly billing statement is available for viewing and/or printing on the USCe.pay system. Notices are also sent to USCe.pay alternate email addresses and guest user email addresses.

Emergency Loan:
Emergency loans are short-term loans for small amounts. No deferment or cancellations are available for Emergency Loans.

Entrance Interview:
Required counseling sessions that schools must provide students before they receive their first Stafford loan disbursement (entrance interviews: see Financial Aid) and again before they leave school (exit interview: see Student Financial Services).

E·pay:
(see USCe.pay)

eRefunds:
Formerly known as ACH / Direct Deposit service. The eRefund service processes eligible refunds automatically year-round by checking daily for a qualifying credit balance on your student account and refunding it to a specified bank account (unless the credit balance is the result of a debit / credit card overpayment, in which case we are required to refund money back to the debit / credit card, which takes a little longer).

Exit Interview:
Required counseling sessions that schools must provide students before they leave school. For Perkins, UDSL, HPSL, LDS, or USC institutional loans, exit interviews can be completed online: Go to 'Graduating Soon?'. If you have Stafford, USC Subsidized, or Gate student loans: you may attend an In-person counseling session, contact the Office of Financial Aid, or send email to fao@usc.edu .

Expected Family Contribution (EFC):
This amount is established using a formula (see FACS (formerly AFSA)) that determines the amount a family (both student and parent) is expected to contribute toward the student's education.

Expired (Rebilled) Deferment:
When you are given a deferment, you should be told when it will expire. When a deferment expires, the amount deferred becomes due and payable.