Aggregate/Maximum
FAFSA
Student Loans
Tuition & Expenses
Verification
100

Maximum annual loan amount for a dependent student

What is $5500

100

The FAFSA can be completed in what ways?

What is online, by paper or with a financial aid administrator.

100

Who can apply for a federal student loan

Who are students who are enrolled in a degree program, who have completed a FAFSA and are enrolled at least half-time.


100

DIRECT costs that appear on my student bill?


What are tuition and fees, and room & board if living on campus.

100

Who can complete a VW-I

Who is an independent student selected for verification

200

Aggregate loan limit for independent undergraduate student

What is $57,500

200

If a student is not required to report parental information on the FAFSA, they are considered an _______________

What is an independent student

200

A credit worthy co-borrower



What is a co-signer



200

The in-state tuition rate?

What is $94 per hour

200

MIL

What is a missing information letter

300

Maximum Pell grant available in a %

What is 600%

300

I file this every year to apply for federal financial aid

What is the FAFSA

300
Typically, 6 months after graduation or when you are no longer enrolled in school.
When do I start paying back my loans?
300

The out-of-state tuition rate?

What is $188 per credit

300

VW-D

What is the Verification worksheet for dependent student

400

Maximum annual amount for Federal Supplemental Educational Opportunity Grant (FSEOG)

What is $2000

400

The website you visit to complete the FAFSA electronically

400

When does a parent PLUS loan enter repayment?

What is 60 days after the loan is fully disbursed

400

I'm over 65 years old, and a Maine resident, what tuition waiver am I eligible for?

What is Senior Citizen tuition waiver

400

Selected for verification

What is anyone who files a FAFSA any given academic year.

500

Maximum eligibility period for subsidized loans for an associate degree program 


(ASSUMING they borrow each year & are eligible for sub loan)

What is three years

500

At what age are you considered an independent student for FAFSA purposes?

What is 24 years old

500

All Direct Loan borrowers are required to complete this once they have graduated or dropped below half-time enrollment?

What is exit counseling

500

I'm hoping to live on campus in the fall, but realize I have to reserve my room-- how much is the housing deposit?

What is $250

500

The acceptable ways a student can provide their tax information to the financial aid office?

What are signed tax return, tax return transcript or record of account transcript.

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