Financial need means the difference between the student’s financial resources, including resources available from the student’s parents and the student, as determined by a completed parents’ financial statement and including any non-campus-administered federal or state grants and scholarships, and the student’s estimated expenses while attending the institution. A student shall accept all available federal and state grants and scholarships before being considered eligible for grants under the Iowa minority academic grants for economic success program. Financial need shall be reconsidered on at least an annual basis.
Special Needs beneficiary is one who needs additional time to complete his/ her education due to physical, mental or emotional limitations. In addition, as discussed below, a beneficiary may roll over contributions to another ▇▇▇▇▇▇▇▇▇ Education Savings Account until he or she attains age 30. A beneficiary may also roll over his or her ▇▇▇▇▇▇▇▇▇ Education Savings Account to a new beneficiary who is a member of his or her family so long as the recipient has not attained age 30.
Annual Financial Information means annual financial information as such term is used in paragraph (b)(5)(i) of the Rule and specified in Section 3(a) of this Disclosure Agreement.
Financial Period means a period for which a profit and loss account of a company is made up in accordance with this Law;
GM Financial means AmeriCredit Financial Services, Inc. d/b/a GM Financial.