Category 1
What does FAFSA Stand For
Free Application for Free Student Aid
Describe Work Study in your best words?
Federal Work-Study Quick Facts:
It provides part-time employment while you are enrolled in school.
It’s available to undergraduate, graduate, and professional students with financial need.
It’s available to full-time or part-time students.
It’s administered by schools participating in the Federal Work-Study Program. Check with your school's financial aid office to find out if your school participates.
What is a loan?
A loan is money you borrow and must pay back with interest.
How Much Debt am I at Now?
100-110,000
What are the 2 types of scholarships?
Merit-based.
2. Financial need.
What is Interest Rates?
(Teacher Accepts Best Answer)
How Much does it cost on average for a Bachelors Degree? (In-State)
60-80,000
Name 3 out of the 6 steps for getting started
Plan how to pay for college before you start. Ask school counselors and the college financial aid office about state, college, and nonprofit grants and scholarships you can apply for. Be sure to meet application deadlines. Start saving before you get to college (I will have those resources available in google classroom)
Understand Scholarships and Grants
Before each year of college, apply for federal grants, work-study, and loans with the Free Application for Federal Student Aid (FAFSA®) form.
Review your offer, compare cost and make the best decision for you
Receive your aid and maintain eligibility
Graduate and start repayment
What were the 3 scholarships I highlighted yesterday?
Library Resources
Religious Institutions
Ethnic based organizations
Name 2 different types of loans
Direct Subsidized Loan
Direct Unsubsidized Loan
Direct PLUS Loans
What School did I attend (Double points if you can name both schools)
Ferris State University (B)
Arizona University (M)
What's 1 difference between a grant and a scholarship
(Teacher Selects Best Answer)
Name a scholarship that is available for Detroit student
Detroit Promise
Explain Responsible borrowing
(Teacher Selects Best Answer)
Double the Points!
How Much Scholarship money does Voyageur Give Away Every Graduation?
8-10,000 dollars
What's 1 type of Grant?
Federal Pell Grants
Federal Supplemental Educational Opportunity Grants (FSEOG)
Iraq and Afghanistan Service Grants
Teacher Education Assistance for College and Higher Education (TEACH) Grants
What is an example of when you should not accept a grant?
(Teacher accepts best answer)
How long does a person have after graduation to pay back loans?
6 months
Double the points Name 1 students from last year who received one of those scholarships
(Techer accepts correct answer)