FAFSA Basics
What does FAFSA stand for?
Free Application for Federal Student Aid.
What type of financial aid generally does not have to bee repaid?
Grants and scholarships.
Do you need a perfect GPA to qualify for every scholarship?
No. Scholarships have different eligibility requirements.
After submitting the FAFSA, should you check your account for updates?
Yes.
Does it cost money to submit the FAFSA?
What type of financial aid must generally be repaid with interest?
Student loans.
Name one place students can search for scholarships.
CFNC, college websites, community organizations, or reputable scholarship search services.
Who should you contact if you have questions about your financial aid offer?
The college's financial aid office.
True or false: Federal Work-study allows eligible students to earn money through a job.
True.
Can students attending community college receive scholarships?
Yes.
What should you do if a college requests additional documents to review your financial aid eligibility?
Follow the college's instructions and submit the requested documents by the deadline.
What is the name of the summary students can review after their FAFSA is processed?
The FAFSA Submission Summary.
Your college costs $20,000 per year, and you receive $12,000 in grants and scholarships. How much remains before loans or other resources?
$8,000
Name two things you should check before applying for a scholarship.
Eligibility requirements and application deadline.
You still cannot afford your dream college after receiving your financial aid offer. Name two steps you can take.
Contact the financial aid office, search for scholarships, ask about payment plans, compare more affordable colleges, or check eligibility for additional aid.