Loans
Loans con't
Dates and Sites
FAFSA Craziness
FREE MONEY!
100
Money you borrow to pay for school which you must repay with interest.
What is a student loan?
100
Type of student loan where the interest accrues while you are in school or you pay the interest while in school. No government help with the interest payments.
What is an unsubsidized loan?
100
February 17
What is the local scholarship deadline?
100
Application completed with tax information to determine qualification for government finanical aid.
What is the FAFSA (Free Application for Federal Student Aid)?
100
Free money granted to pay for school.
What is a grant?
200
Type of student loan the government pays the interest on while you are in school.
What is a subsidized loan?
200
Loan type which has lower & fixed interest rate, no penalties and no credit check versus private bank loans
What is a federal student loan?
200
April 1
What is the state deadline to complete the FAFSA?
200
FAFSA is completed how often while you're in school.
What is annually?
200
Free money typically granted upon merits.
What is a scholarship?
300
Loan taken out by your parent(s) to pay for your schooling.
What is a Direct Plus loan?
300
Contractual agreement between you and the lending institution for your loan(s).
What is a promissory note?
300
January 1, 2015
What is the date I can begin filling out the FAFSA for the 2015-2016 school year?
300
Series of numbers specific to you, for the rest of your life, to access your FAFSA.
What is PIN number?
300
Location of local scholarship information.
What is the GVHS Counseling website?
400
Capped dollar amount you may received your 1st year with a Stafford subsidized loan.
What is $3500?
400
Capped dollar amount you may received your 1st year with a Perkins loan.
What is $5500?
400
Website where I can calculate my projected financial aid.
400
Number used to determine your federal student aid eligibility during a school year.
What is EFC (estimated family contribution)?
400
Qualify for this on-campus job to via the FAFSA.
What is work-study?
500
Person responsible for paying back student loans.
Who is ME?
500
Person or persons not responsible for your student loan payback.
Who is your parent(s)?
500
Website where I complete my FAFSA.
500
Document will explain how much and which forms of aid you've qualified for, and it's tailored to you and the school you're attending.
What is the award letter?
500
Answer as to whether or not you should accept free financial aid money.
What is YES?
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