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<strong>PT</strong> Part time, a term used to describe students attending school with less than a full-time academic workload, as defined by the school.
<strong>The Source</strong> MDHE' s Guide to grants, scholarships, loans and more-Outlines all of the state student financial assistance programs. This publication and all publications published by the MDHE can be requested on the Publications Order Form:
http://www.dhe.mo.gov/publicationsorderform.shtml.
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Multi-Fibre Arrangement (F1)<br />A trade agreement covering textiles and clothing negotiated in 1973 between twenty-seven developing countries and sixteen developed countries which is a major exception to the GENERAL AGREEMENT ON TARIFFS AND TRADE. It has been renewed several times and is scheduled to be phased out in 2005. This quota scheme for producers was originally designed to provide gradual adjustment to international shifts in COMPARATIVE ADVANTAGE and to liberalize world trade gradually. In practice, it restricts the exports of fibres to consumer countries, e.g. the UK and USA. In 1986, the MFA was extended to more fibres (sisal, jute and ramie - a flaxlike substance). A production limit is assigned to a country which then shares it out among individual producers: if one manufacturer wants to expand production then it can buy an enlarged quota on the open market. The GATT believes that the
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<strong>Leave of Absence (LOA)</strong> An approved leave of absence is a break in enrollment, not including a regularly scheduled semester break or spring break, that is requested by the student and approved by the school. The student' s request must be in writing and must include the reason for the leave. An LOA cannot exceed 180 days in any 12-month period.
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