Money provided from the government for college
Grant
With this type of loan, the interest will not accrue as long as the student is attending college and taking required credits?
Unsubsidized Loan -Subsidized Loan- Parent Loan
What types of schools have the lowest COA? -Public 4 year university? -Private 4 year university? -2 year community college?
1) 50%
2) 75%
3) 85%
4) 99%
1) Rolling
2) Open
3) Regular
4) Early
Money awarded for academics or athletics for college
with this type of loan, the interest accrues even while the student is attending college?
What 2 things are considered "direct costs" as part of Cost of Attendance?
What are tuition, fees, and books?
True or False: If you graduate college within 3-4 years, you don't have to pay back you student loans.
What is false? A loan is a loan. You have to pay it back eventually.
Typically, community colleges, online schools and distance learning programs offer this type of enrollment.
Money you borrow that you have to repay for college
The FAFSA needs to be completed this often
Name 2 things that are considered part of indirect costs.
What are transportation, housing, food, personal
The primary basis for awarding grants through FAFSA is based on which of the following:
1) Personal need
2) Housing need
3) Financial need
Don’t assume that all colleges and universities have similar application ______.
Money you pay to attend college
The four types of financial aid
grants, scholarships, loans, and work-study
Yes or No
Which type of grant are students expected to pay back?
1) The scholarship grant
2) The Bridge Foundation Grant
3) None
1) September-November
2) August-December
3) November to January
Students must also pay this (which is listed with the tuition amount)
FAFSA is the abbreviation for what?
Free Application for Federal Student Aid
Which 2 types of cost when combined make up Total Cost of Attendance?
Is there a Federal Student Aid loan program for parents?
Yes or No
When a student considers taking a gap year to travel abroad, obtain more financial aid, work or explore possible careers through internships, they select this admission type:
1) Deferred
2) Late Evaluation
3) Wait-Listed