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<strong>NAICU</strong> – National Association of Independent Colleges and Universities.
<strong>MSEP</strong> – Midwest Student Exchange Program, which ensures reduced tuition rates to Missouri residents who enroll in designated academic programs at participating schools in Kansas, Michigan, Minnesota, Nebraska, North Dakota, and Wisconsin. For more information, see
http://www.mhec.org/.
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objective function (DO, EO)<br />A statement in equation form of a dependent variable which has to be maximized or minimized by independent variables attaining optimal values. In the case, e.g. of a UfiLITY FUNCTION, utility is the dependent variable to be maximized and quantities of different goods are the independent variables which have to be optimally combined.
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<strong>Satisfactory Academic Progress (SAP)</strong> – To remain eligible for most types of financial aid, the student must maintain satisfactory academic progress as defined by the school.
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