Loans
Credit: Cards & Scores
Financial Aid
Money
100

These are the two online processes that must be complete in order to borrow a federal direct loan.

What is Entrance Counseling and Master Promissory Note?

100
This is the definition of APR.
What is annual percentage rate?
100
This is the name of the online form you must fill out every year to receive any financial aid.
What is the FAFSA?
100
This is the president on the $1 bill. 
Who is George Washington?
200

This type of federal loan does NOT accrue interest while you are in school.

What is a subsidized loan? 

200
This is the maximum (highest) credit score number.
What is 850?
200
This is what you will get if you pay your tuition bill late.
What is a late fee (of $25/100)?
200
Alexander Hamilton was NOT a president but is one of the "Founding Fathers of the US." His image is on this denomination of paper currency.
What is the $10 bill?
300

This is the maximum loan amount first-year (dependent) students can borrow in a Federal Direct loan.

What is 5500?

300

This is the website where you can get a free copy of your credit REPORT from one of the 3 credit bureaus.

What is annualcreditreport.com?

300

This is the GPA requirement to renew the Witness Scholarship. 

What is 3.25?

300
This is the president on the half-dollar coin. 
Who is Kennedy?
400

This is the maximum loan limit amount that a dependent student can borrow for ALL federal direct loans as an undergraduate (also called the AGGREGATE LIMIT)?

What is $31,000?

400

Credit cards are considered this type of credit.

What is revolving credit?

400

To receive the full MN State Grant, these are how many credits you will need to enroll in.

What is 15 credits?

400
This is the number of times the word "Twenty" appears on the US $20 bill.
What is 5?
500

This is the current percentage rate of interest on Federal Direct Loans for 2020-2021.

What is 2.75%?

500

Making your payments on-time makes up this percentage of your credit score. 

What is 35%?

500
After 4 semesters at MLC, this is the cumulative semester/cumulative GPA you must maintain in order to keep your financial aid. 
What is a 2.0 GPA?
500
On the $100 bill, this is the time on the clock of Independence Hall.
What is 4:10?
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