Vocabulary
SAI stands for
Student Aid Index
The majority of financial aid comes from
The US/Federal Government
Financial aid you MUST pay back
Loans
A college that you are certain you will be admitted to based on grades
Safety
Books & Supplies, Loan Fees, Transportation
Indirect costs
When FAFSA opens
December 1st
Direct and indirect costs combined
Total cost
Public College/University
A school funded by the federal government
FAFSA stands for
Free Application for Federal Student Aid
Texas priority deadline for FAFSA
February 15th
Financial aid you do NOT have to pay back
Scholarships & Grants
3 Affordable Texas Schools
UNT, UNT Dallas, Midwestern, Prairie View, Tarleton, Midwestern, Stephen F Austin, Texas A&M, UT Austin
When a student returns for another year
Retention
These students fill out FAFSA
US Citizens, Eligible Non-Citizens (Asylees/Refugees, select visas, etc.)
The most important factor when deciding where you will go to college
Affordability
True or False: It's ALWAYS cheaper to stay in Texas
False, many out-of-state schools offer more money in financial aid
TASFA stands for
Texas Application for State Financial Aid
The formula for net cost
Direct + Indirect Costs - Financial Aid
The year Texas defunded public education
2004