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 every year
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

This is what Undocumented students can complete to receive California State Aid

Who is the  California Dream Act

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

The cost of applying for financial aid

Free

300
What males ages 18-25 must register for in order to receive federal aid?
What is the selective service?
300

Household number includes ...number of dependents on taxes or all the people living in your home

All the people that live in your home.

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 cost of attendance at a State University and living on campus

What is $20,000/year

400

This is a grant offered to foster youth

What is the Chaffee Grant?

400
This is the combination of a families income and net worth used to determine financial aid eligibility
What is EFC?
400

The interest rate of an unsubsidized loan now due to COVID:

4.99% fixed

2.99% fixed

What is 4.99%

400
The median weekly income for someone who earns only a high school diploma
What is $678
500

this is the free money that is granted if you wish to apply to a CA state school/trade school.

What is Cal Grant?

500
a community service opportunity available for students to help finance part of their education (hint: Ms. Criss was one!)
What is AmeriCorps?
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 maximum amount of a direct stafford loan that a student can borrow...

5,500   25,000  12,500

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
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