Financial Aid Basics (1)
Grants & Scholarships
FAFSA (2)
Student Loans (4)
Choosing A College (5)
100
FAFSA is an acronym that stands for this
What is the Free Application for Federal Student Aid?
100
These are the 3 forms of financial aid
What is Grants/Scholarships, Loans and Workstudy
100

This is the earliest students can complete the FAFSA and CSS profile

What is October 1st

100
A postponement of a loan payment
What is Deferment
100
The types of degrees that you can earn at a 2 year college
Certificate, diploma, Associates
200

What is the deadline for financial aid application for most schools?


What is February 1

200
The amount of credits a student must be enrolled in to be considered full time financial aid eligible?
What is 12 semester credits?
200
These types of students must submit financial information for their parents on the FAFSA
What are dependent students?
200
The type of federal direct loan in which the government pays the interest on while the student is still in school
What is a Subsidized loan
200
The median monthly income you can earn with an associates degree
What is $3,458
300

What financial aid is earned from the FAFSA? Name and/or Amount 

What is the federal Pell Grant, $6,550
300
What males ages 18-25 must register for in order to receive federal aid?
What is the selective service?
300

The FAFSA needs to be completed how often?

What is every year?

300
The type of loan in which interest accrues while the student is in school.
What is Unsubsidized loan
300
The 4 types of degrees you can earn at a 4-year college & university
What is bachelors, Masters, Doctorate and Professional
400

This is the average cost of tuition for a Massachusetts State University?

$15,411

400

Why is it important to write the dates and names of grants and scholarships you've applied for?

What is Most grants and scholarships are renewable but will not be reminded to you

400
This is the combination of a families income and net worth used to determine financial aid eligibility
What is EFC?
400
The monthly repayment amount for a student who has borrowed $20,000 in loans
What is $230
400
The median weekly income for someone who earns only a high school diploma
What is $678
500

What worksheet is used when colleges require more information about your income?

What is the verification worksheet

500

a community service opportunity available for students to help finance part of their education (hint: Your summer AC's were this)

What is AmeriCorps members

500
Name 3 of the qualifying events that qualify as a change in financial status due to a special circumstance
Loss of a job, serious illness, disability, significant medical expenses, Separation or Divorce, Death in the Family
500
The amount of a direct stafford loan that an independent student can receive while in their 4th year of college
What is $12,500
500
The measurement of the percentage of first year, full time student enrolled in college that return to that same college in known as the __________________ rate
What is retention
M
e
n
u