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Securities and Exchange Commission (G2)<br />US regulatory body set up in 1933 with the task of regulating US SECURITIES markets, the offer of securities to the public, mutual funds, investment companies, public utility securities and investment advisers.<br /><em>See also:</em> blue-sky laws
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<strong>Transfer</strong> – For student loan servicing purposes, a transfer is any action, such as the sale of a loan, that results in a change of the system used to service a loan.
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<strong>Award Letter</strong> – Schools send award letters to students indicating the type(s) and amount(s) of financial aid awarded, or packaged, each year. Under 34 CFR 668.16(h), the school is required to provide information about the sources and amounts of aid offered.
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