FAFSA
True or False: You have to pay back your loans
True
True or false: You have to pay back your federal and state grants
False
Where is the USBS office located?
115 Wilder Tower
How often do you have to do a FAFSA?
Every academic year
What is the difference between subsidized and unsubsidized loans?
Subsidized loans do not earn interest while you are in school, and unsubsidized loans do accrue interest while you are in school
What is a grant?
Free money that you do not pay back from the federal government or state
What is TigerXpress?
What semesters does the FAFSA cover?
Fall, Spring, and Summer
What is a Master Promissory Note?
your promise to pay back the loan
What is federal work study?
List 3 things the USBS calendar shows:
Refund dates, dates to drop and get tuition reimbursement, the last day to make meal plan adjustments, opt out of Tiger Smart Start, opt out of International Health Insurance
FAFSA stands for:
Free Application for Federal Student Aid
What is loan entrance counseling?
An online tutorial that goes over the loan process
Where can you apply for scholarships at the University of Memphis?
Tiger Scholarship Manager
Why is a subsidized loan better than an unsubsidized loan?
Subsidized loans do not add interest rates while you are in school
What is a Parent Plus loan?
If you need additional money, your parent can apply for a federal loan in their name.
Where is the Scholarship Office located?
201 Wilder Tower
What do students have to do on TigerXpress by each semester's fee payment deadline?
Either pay your account balance in full or enroll in the Installment Payment Plan and make the downpayment