Loans
Show Me the Money
Financial Aid
Dollars and Cents
100

This type of federal loan does NOT accrue interest while you are in school.

What is a subsidized loan? 

100

This is the deadline for the first payment to MLC for tuition. 

What is August 10th?

100
This is the name of the online form you must fill out every year to receive any financial aid.
What is the FAFSA?
100
This is the president on the $1 bill. 
Who is George Washington?
200

This is the maximum loan amount first-year (dependent) students can borrow in a Federal Direct loan.

What is 5500?

200
This is what you will get if you pay your tuition bill late.
What is a late fee (of $25/100)?
200

This is the deadline to submit your application for financial aid. 

What is April 15?

200
Alexander Hamilton was NOT a president but is one of the "Founding Fathers of the US." His image is on this denomination of paper currency.
What is the $10 bill?
300

These are the two online processes that must be complete in order to borrow a federal direct loan.

What is Entrance Counseling and Master Promissory Note?

300

This is the name of the grant that is matched if your church gives you money.

What is the Congregational Partner Grant Program or CPGP?

300

This is the name of the Merit Scholarship that requires a minimum 2.75 GPA. 

What is the Knight Scholarship?

300
This is the president on the half-dollar coin. 
Who is Kennedy?
400

This is the current percentage rate of interest on Federal Direct Loans for 2025-2026.

What is 6.39%?

400

This is the fee to bring your car to campus. 

What is $110?

400

To receive the full MN State Grant, these are how many credits you will need to enroll in.

What is 15 credits?

400
This is the number of times the word "Twenty" appears on the US $20 bill.
What is 5?
500

This is the maximum loan limit amount that a dependent student can borrow for ALL federal direct loans as an undergraduate (also called the AGGREGATE LIMIT)?

What is $31,000?

500

This is the cost of tuition, food & housing for this year.

What is $27,380?

500
After 4 semesters at MLC, this is the cumulative semester/cumulative GPA you must maintain in order to keep your financial aid. 
What is a 2.0 GPA?
500
On the $100 bill, this is the time on the clock of Independence Hall.
What is 4:10?
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