Financial Aid
Financial Aid
Financial Literacy
Mixed Money
Bursars
100
one you pay back and one you don't
What is the difference between a loan and a quote
100
How many times do you have to fill out the FAFSA while in college?
Every year in October.
100
Being on a Budget means?
Paying bills every month at the due date.
100
How often can you get a free credit report?
Once a Year
100
What are the due dates for payment for Fall and Spring semester?
Fall- July 15th Spring- December 15th
200
What are 4 things that financial aid will help you pay for while in college?
- Tuition/fees - Room/Board -Transportation -Books
200
True or False? You have to be a full time student to receive financial aid.
False. Part time students can also receive financial aid.
200
Can I pick up my refund check?
NO
200
What is considered an excellent credit score?
700-850
200
How do you access your CCSU financial information online?
Navigate to CentralPipeline, click on WebCentral-Banner Web and login with your Bluenet username and password
300
Name at least 1 out of 3 differences between Subsidized Stafford Loan and Unsubsidized Stafford Loan.
Subsidized -Undergraduate students only -Show financial need -U.S. Department of Education pays for interest for a certain time Unsubsidized- Undergraduate and Grad Students - Don't need to show financial need - You pay for interest
300
True or False? Your parents are responsible for your loans because you were under-aged when you signed the paperwork.
False. You are responsible for paying your student loans.
300
What is NOT a method to improve your credit score?
Maintain your old credit cards.
300
Your credit score is important because?
It affects interest rates Impacts future major purchases Can determine whether you can get credit cards
300
True or False? For Summer and Winter courses you must pay at time of registration.
True.
400
What is a Work-Study?
Money is given to the University to employ students for the part-time jobs on campus for those who qualify for financial aid.
400
What are two things you need to complete and make corrections to the FAFSA?
Pin number and FSA ID
400
What is a method to fund your college education?
Complete a FAFSA
400
True or False? It’s ok to skip payments on your bills some months, as long as you pay the next month.
False. You must pay your bill every month.
400
True or False? You cannot pay for bill online.
False. You can pay your CCSU bills online through WebCentral-Banner Web.
500
What are the documents/information needed to begin completing the FAFSA? (hint: there's 6)
-Social Security Number -Most recent federal income tax returns -An FSA ID to sign electronically -Records of untaxed income (if applicable) -Your Alien Registration Number (if you are not a U.S. citizen) -Bank statements and records of investments (if applicable)
500
What is the interest rate on the Stafford Loan and the Perkins Loan?
3.76%
500
True or False? I bought my first car and got a loan to pay for it. If I default on my loan, only this lender will know about it and if I need another loan, I’ll be able to get it from another lender. **Lender- company that will service the student loan Default- never paying back your Federal Student Loan
False.
500
Do I have to pay for my CCSU bill all at once?
NO
500
How can your parents help pay your CCSU bills?
Become an authorized Payer through CentralPipeline.
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