Liberty Trivia
Federal and State Grants
Federal/Private Loans
Budgeting/Packaging
SAP
100
In 1971, Liberty University was founded by Dr. Falwell under this name.
What is Lynchburg Baptist College?
100
The non-need based state grant.
What is VTAG?
100
The four Title IV loans processed at Liberty.
What are Direct Subsidized, Direct Unsubsidized, Parent PLUS, Grad PLUS?
100
Definition of memoed aid.
What is aid that is projected to pay (different from disbursed aid) or aid that can be used for FCI?
100
These standards result in a 2-step process to Suspension.
What are the Qualitative and Quantitative SAP standards?
200
In 1976, Liberty Baptist College changed the school colors to red, white, and blue from these original school colors.
What are green and gold?
200
$800 per year at Liberty.
What is the maximum allowable award amount for FSEOG for an Online student?
200
Other than completing the FAFSA, these are the two steps needed to obtain a Subsidized and/or an Unsubsidized loan.
What are the Entrance Counseling (EC) and Master Promissory Note (MPN)?
200
The basic order for systematic auto-packaging.
What is Federal and State Grants, Institutional Scholarships, Federal Loans, Work Study?
200
These standards result in Automatic Suspension.
What are Max Time Frame and All Unearned Credits SAP standards?
300
A soaring eagle carrying a torch becomes the school mascot in this year.
What is 1982?
300
Grant that is used for 1st Bachelors only, that is need-based, and prorated based on enrollment.
What is the Pell Grant?
300
The processing time frame for FinAid to complete a loan change form (LQ).
What is 1-3 days?
300
General Scholarship Rule.
What is the “Liberty Law” that says the combined total of federal grants, state grants, and Liberty aid may not exceed the combined cost of actual tuition and Tier 2 room and board charges?
300
A first time undergraduate student completed 6 hours in the fall semester and goes on Suspension in the spring semester for no credits earned. For the Financial Aid Suspension Appeal process, this student must submit these item(s).
What are the SAP Appeal form stating what happened to cause the Suspension, the student's plan of action to avoid future suspension, AND objective, third party professional support to confirm the student's appeal statement?
400
In 1985, Liberty Baptist College changed its name to this.
What is Liberty University?
400
LEU AND 600%.
What is Pell Lifetime Eligibility Used? AND What is the maximum amount of Pell funding a student can receive?
400
$57,500.
What is the aggregate loan limit for an independent undergraduate student?
400
Banner budgets students by THIS but can only package students by THAT.
What are period and aid year?
400
Academic Plan.
What is the requirement for students with a granted appeal to have a completion rate of 75% or higher and a GPA at least a quarter point above the regular program requirement?
500
In this year, the first snowless ski slope in North America is built at the world’s largest and most exciting, non-profit, Christian University.
What is 2009?
500
The one eligibility requirement shared by TEACH and CTG.
What is the requirement for a specific GPA?
500
The loan eligibility amounts for an independent Junior or Senior (or a dependent Junior or Senior with a PLUS denial).
What is $5,500 in Subsidized with additional $7,000 in Unsubsidized?
500
The 9 main budget components.
What are 1) Tuition; 2) Fees; 3) Room; 4) Board; 5) Books & Supplies; 6) Transportation; 7) Miscellaneous Personal Expenses; 8) Loan Fees; and 9) Aviation Fees (if applicable)?
500
Processing timeframe to review SAP Appeals.
What is 3 days?
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