FAFSA
FAFSA is an acronym that stands for this
What is the Free Application for Federal Student Aid?
Money awarded to students based on academic or other acheivements.
What are scholarships?
Who provides the funding for the MAP Grant?
Who is the State of Illinois?
This is the GPA requirement to remain in good standing with financial aid.
What is a 2.0?
Pell Grants can be used for ANY educational expense. Name 3 educational expenses a college student might have.
What is tution, fees, books, supplies, transportation, room and board, living expenses?
This is who needs to complete a FAFSA.
Who is everyone?
The number of applications you must fill out to be eligible for the Rend Lake College Foundation Scholarships.
What is one.
This is the payment deadline for Spring semester.
What is December 15th?
Students have to maintain the required GPA AND completion ratio to remain eligible for financial aid. Define a completion ratio.
What is the number of credit hours a student successfully completes out of the number they enroll in?
$6,095
What is the maximum Pell Grant amount for 18-19?
This is the date the FAFSA becomes available each year.
What is October 1st?
The date the RLC Foundation Scholarship application must be submitted.
What is February 28?
The cost for one credit hour of tuition at RLC.
What is $110.
This is what happens if you do not meet SAP standards for one semester.
What is financial aid warning?
This is the Fall grant and scholarship refund date.
What is October 26th?
This is the largest federal grant that you are applying for when you complete the FAFSA.
What is the Federal Pell Grant?
These come from the Government, Private or Outside entities.
What are loans?
There are 4 main sources or types of financial aid. Name 2.
What is grants, loans, scholarships, and work-study?
This is what happens if you do not meet SAP standards for 2 semesters.
What is financial aid suspension? You can no longer receive financial aid at RLC until you bring up you GPA and completion ratio to the required percentages.
This is how refunds are disbursed to students.
What is a BankMobile account? Students can choose to have the money put on a BankMobile card, direct deposited, or a paper check mailed to them.
Name one document you may need to submit to the Financial Aid Office for verification.
What is a tax return, W-2 forms, verification worksheets?
This is a type of aid you can receive from working?
What is work-study?
Federal loans are "guaranteed". What does this mean?
The federal government does not take your income or credit history into consideration when determining your eligibility for these loans. RLC and many other local community college no longer participate.
This is what you can do to potentially receive financial aid while you are on financial aid suspension.
What is an appeal?
This is the minimum number of credit hours you must be enrolled in to receive the Pell Grant.
What is 3 hours?