College Lingo
Preparing for College
Financial Aid
Financial Aid
Miscellanous
100
What do colleges call the area(s) you choose to focus in college as a potential careers.
Majors/Minors
100
2.What do Colleges Look for on your transcript and college application ?
GPA, Rank, Course Selection, SAT/ACT
100
Some schools will require you to fill out a financial aid form. True or False
False- all colleges/universities require you fill out the financial aid form, it is the primary way you get money to pay for school
100
If your family makes a lot of money and has money in the bank saved, through bonds, mutual funds, a 529 college savings plan you are not eligible to financial aid. True or False?
False
100
Slang term for residence halls is called what?
dorm
200
Name the 3 types of Postsecondary Institutions one can attend?
4 year University/College 2 year Community College Vocational/Technical/Trade School
200
1.Other than selectivity and cost name 4 other components you should consider when applying to college?
Available Majors, Location, Athletic Programs, Sorority and Fraternity Life, Clubs and Associations Diversity, size of college, housing/dinning, safety
200
There are 4 types of forms that financial aid comes in?
Scholarships, grants, loans and workstudy
200
What is the difference between an subsidized and un-subsidized loan
You do not have to pay interest on the subsidized loan while in school. The federal government will pay it until you are no longer in college. Un-subsidized loans require you to pay interest from the time you take the loan out.
200
Place where students eat, gather sit do homework, participate in clubs and organizations is referred to as?
Student union, student center, commons
300
When you get to college everyone is assigned someone to help them choose the best courses to take in order to complete their degree requirements. Who is it?
Academic advisor, major advisor
300
3. The process of filling out applications and doing interviews is called what?
Admissions Process or Application Process
300
1.What's the form you have to fill out to apply for college financial aid from the federal government? A.FASFA ( Free Application for Student Federal Aid) B.FAFSA ( Free Application for Federal Student Aid) C. Government College Aid Form D. FASA – Financial Application for Student Aid
B. Free Application for Federal Student Aid
300
When will the North Scott Foundation Scholarships become available?
February
300
What is the difference between a community college and vocational/technical/trade school?
Community Colleges- 2 year schools where you get an associate degree- you can either focus on a 2 year program or take general college studies and transfer to a 4 year school. Vocation/technical/trade school- very focused only on your area of interest- some may offer associates but usually certifications and specialties.
400
What is the difference between a university and a college?
Often Universities are larger institutions that focus on research and offer a wider variety of majors/minors and programs. Many will also offer a greater number of graduate level or doctoral programs. Colleges tend to be smaller institutions that offer a little less variety in majors/minors and may sometimes do not have a large number of graduate or doctoral programs. Many colleges are liberal arts focused rather than research focused.
400
In preparing for college and the college process name 3 types of accounts you should create.
ACT Account Common App Account Collegeboard Account FAFSA Individual College accounts
400
What does EFC on the Financial aid and Student Aid Report stand for?
Estimated Family Contribution
400
Colleges/Universities will offer financial need based on what two components. What is the difference between the two?
Merit-based awards Need
400
How many Public 4-year Institutions exist in Iowa and what are their names?
3 University of Iowa, University of Northern Iowa and Iowa State
500
Name all the types of degrees one can earn?
Associates- 2 yrs Bachelors-4 years Masters -2 year after undergrad 6 years Doctorate degree- 5 -7 year program
500
What type and how many classes do colleges want you to have? Think subjects, years, kinds of classes?
4 years of English, 3 years of Math ( Alg 1 Alg 2 Geometry), 3 years of science ( Bio& Chem), 2 year of a Foreign Language Consecutive ( ie Spanish 1 &2) College Prep, Honors AP classes.
500
6.If you must borrow money for college, which federal loan offers the best deal? A. Perkins loan B. PLUS loan for parents C. Subsidized Stafford loan D. Unsubsidized Stafford loan
Best answer is C. Subsidized Stafford Loan. The best option is a subsidized Stafford loan, which has a 4.45% for the 2017-18 school year, lower than an unsubsidized Stafford loan or a PLUS loan for parents. A Perkins loan has a fixed 5% rate and is available to only the neediest students.
500
What is the benefit of attending an in-state college versus an out of state college
Out of state tuition is more expensive
500
Once you declare a major in college you are not allowed to change it true or false?
False
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