The two categories of expenses in the cost of attendance, one of which is charged by the school while the other consists of other expenses incurred by the student
What are Direct and Indirect cost?
100
The minimum GPA for a student to maintain a merit based scholarship.
What is 2.75?
100
This process, during which students confirm the information they provided on the FAFSA, will prevent disbursement if it is not completed.
What is verification?
100
SAP is completed this often.
What is annually?
100
Students must agree to the terms of this form to state that they agree to pay the bill. Not doing so creates a hold on a student’s account.
What is the SFO?
200
While they may also be able to view it on their award letter or on their portal, all students can view their cost of attendance here
On the Drexel Central Website
200
This federal grant fund provides the same amount of funding, regardless of the institution the student attends.
What is a Pell Grant?
200
Students enrolled full time after the two week drop/add period will retain their federal funds unless they do this.
Withdrawal from all of their courses or withdraw from the University.
200
True or False: A student who gets very close to acquiring the required GPA for SAP can appeal for reconsideration based upon their ability to improve their GPA
False
200
This is the quickest way for students to get a refund.
What is a Direct Deposit?
300
TRUE OR FALSE: All undergraduate students have the same cost of attendance because they have the same tuition and fees.
What is False?
300
These federal funds (there are three) are called “campus based” funds because the University determines eligibility criteria
What are SEOG, Federal Work Study, and Perkins Loans?
300
These two requirements must be completed for federal loans to disburse.
What are the Master Promissory Note and Entrance Loan Counseling?
300
Students who are approved for SAP appeals must complete this form in order to be eligible for their federal funds.
What is the SAP academic plan?
300
This title is given to parents or others to whom students have given access to their bills.
What is an Authorized User?
400
The cost of attendance is also known by this other synonym.
What is Budget?
400
The maximum amount of a Parent Plus loan.
What is the cost of attendance minus other aid?
400
If a student is dependent upon federal refunds, they should know that this is the earliest that a refund might be available.
When is 10 days before the start of a term?
400
Undergraduate students must have at least this GPA to maintain their status as “passing SAP”.
What is a 2.0 Cumulative GPA?
400
This is the best way to make payments for international students trying to transfer money from their home countries.
What is Western Union?
500
If a student believes that they need an increase in their cost of attendance, they can request that this process be completed, though the outcome is not guaranteed.
What is a Budget Increase Request?
500
Parent PLUS loans are only available to this type of student.
What are undergraduate dependent students?
500
Students must have indicated this tax status for filing prior to federal funds disbursing.
What is "Have Filed"?
500
In addition to GPA, this is the other measure currently used at Drexel to determine if a student is passing SAP.
What is Completion Percentage?
500
Having this on file allows for application of federal aid as well as creation of the 1098T tax form