Financial Aid Basics (1)
The is merit based and can be based on your academic performance and athletic performance.
What is scholarships.
The type of loan where the government pays the interest while you are in school.
What is Subsidized loan
The published cost of tuition and fees along with room and board
What is the sticker price
The estimated financial aid eligibility for the relevant academic year and copies of your responses on the Free Application for Federal Student Aid (FAFSA).
What is submission summary report
How much FAFSA cost to complete?
What is free
It is based on the financial need.
What is a grant
Are given to those pursuing graduate and doctoral degrees or to parents of undergraduate students
What is a direct plus loan
What you will actually pay after you receive scholarships and grants
What is net price
View your online FAFSA Submission Summary by
What is log in to your account
When does FAFSA officially open each year?
What is October 1.
How do you get a scholarship?
What is apply.
Interest accrues while you are in school and gets added to your loan balance when you start making payments
What is a Unsubsidized Loans
How often you complete the FAFSA application?
What is every year
2 components on the report given once the FAFSA has been submitted?
What is
Estimated eligibility for federal student loans.
Estimated eligibility for the need-based Pell Grant, which provides up to $7,395 per academic year that you don’t repay.
Estimated eligibility for federal work-study.
A copy of the answers you provided for each FAFSA question.
Information about the school(s) you selected to send your FAFSA to, including graduation rates, median student debt upon completion and average annual cost of attendance.
How do you file your FAFSA?
What is online.
This award is based on your academic performance.
What is a scholarship
This is offered by a private lender to cover the cost of college that are not subject to the same rules.
What is a private loan
You do not need to submit the FAFSA to attend college?
What is false
The SAI is
What is student aid index
What do you receive once you submit your FAFSA?
What is submission summary.
A fund given by a person or organization, often a public body, charitable foundation.
grant
If you finish school or not you must pay this.
What is a loan
This information is needed to complete your FAFSA form?
What is parent or guardian information
Factors that are considered in calculating your SAI is
What is family's income