Packaging
Aid Adjustments
Certifying
Manpack/PellLEU
Acronyms
100
What is the full time two semester budget for a NLDS Single Independent Student?
$15,368
100
What contact override(s) must be added for a student who is graduating Winter and wants their S4AH adjusted to half time?
WIGNTOVR
100
What is the official name of the "A" Screen?
Loan Tracking
100
What is the TOTAL lifetime aggregate loan limit for a 23 year old single student?
$31,000
100
What does the acronym FSA stand for?
Federal Student Aid
200
A student has cumulative earned credits of 20 for Fall. They are registered Fall with 12 credits and Winter with 9 credits. They have indicated they will take 6 credits in Spring. How many cumulative earned credits do they have for Spring?
41 cumulative earned credits
200
An independent single student who was packaged full time for Fall/Winter drops to 3/4 time before FADD. They have a 0 EFC and have rejected their loan offers for the year. Their Pell has not yet disbursed to the student. How much Pell must you put on the funds to be returned list for Fall?
$0 Aid has not disbursed yet therefore no funds need to be put on hold.
200
What is the interest rate for a Unsubsidized undergraduate loan?
4.29%
200
What is the TOTAL lifetime aggregate loan limits for an independent student?
$57,500
200
What does the acronym EFC stand for?
Expected Family Contribution
300
What two things does line 103 on the FAFSA form indicate?
College Choices and Housing
300
An LDS independent single student has been packaged full time for Fall and Winter. They have not yet accepted their loans. They have submitted an aid adjustment form indicating that they will be attending 1/2 Fall, 1/4 time Winter, and 1/2 time Spring. They have cumulative earned credits of 59 and a 9 month EFC of 60. Assuming all of their aid has disbursed, how much would you put on the funds to be returned list?
$1,431 of Pell for Fall 2015
300
(Double Jeopardy) What is the name of the screen that you check to see if the MPN is linked to a loan?
COD Loan Details
300
A Senior LDS independent student living with their parents pursuing their bachelors degree has used $18,685 of their aggregate SUB loan limits, $4,657 of their aggregate USB loan limits, and 552.236% of their Pell lifetime eligibility limits. They have a 6 month EFC of 5199. How much will they be awarded for Fall and Winter semesters if they are attending full time both semesters?
$3,015 of SUB and $8,525 of USB for Fall/Winter
300
What does SAR stand for?
Student Aid Report
400
A single independent Lutheran student pursuing their associates degree has current credits of 9 for Fall, cumulative earned credits of 60, a Fall/Winter track, and a 9 month EFC of 0. Assuming that they qualify for the full six credits how would you package them for the 15-16 financial year? (Give break down per semester)
Total for Fall Winter: $5,053 of Pell, $4,500 of SUB, $4,761 of USB. Total for Fall: $2,166 of Pell, $2,250 of SUB, $2,381 of USB Total for Winter: $2,887 of Pell, $2,250 of SUB, $2,380 of USB Total for Spring: $722 of Pell
400
A 24 year old LDS widowed student with no dependents is pursuing a bachelors degree. They live at home with their parents and have been packaged full time Fall and Winter. They have accepted their loans but have not had their loans certified. They have been awarded a G1ZZ of 2874 for Fall/Spring. An AAF has been submitted indicating that the student will be attending 1/4 time Fall, 3/4 time Winter, and 1/4 time Spring at which point the student will be graduating. The student would like all available aid awarded to them. They have cumulative earned credits of 75, a 9 month EFC of 333, a 6 month EFC of 233, and a 3 month EFC of 133. How much aid does the student qualify for Fall, Winter, and Spring?
Total for Fall: $678 of Pell Total for Winter: $1,078 of G1ZZ, $2,034 of Pell, $2,525 of SUB, and $133 of USB Total for Spring: $359 of G1ZZ and $678 of Pell
400
(Double Jeopardy) What line on the FAFSA form will tell you whether a student qualifies for Dependent or Independent loan amounts?
Line 46 (Born Before 1/1/1992)
400
(Double Jeopardy) A married independent student pursing their bachelors degree is attending half time Fall and full time Winter. They have used $17,962 of their aggregate SUB loan limits, $18,556 of their aggregate USB loan limits, and 536.365% of their Pell LEU. The student has cumulative earned credits of 102 and is a member of the Catholic church. The student has a 9 month EFC of 645 a 6 month EFC of 545 and a 3 month EFC of 445. How much aid will you award them for Fall and Winter assuming they do not plan on attending in the Spring? (Give total and break down per semester)
Totals: $3,261 of Pell, $5,038 of SUB, and $6,655 of USB Total for Fall: $1,281 of Pell, $2,519 of SUB, and $3,328 of USB Total for Winter: $1,980 of Pell, $2,519 of SUB, and $3,327 of USB
400
(Double Jeopardy) What does FFEL stand for?
Federal Family Education Loan
500
(Double Jeopardy) A student has FAFSA form line 21 marked "M", lines 51 and 52 marked "N", Line 103 marked "3", line 16 marked "W" with a dependency status of "I". Their bill type is PTHUSA. Their Census Record indicates that they have Current Credits of 9 and start credits of 6 for Fall. On 11.13.2015 the student dropped a 3 credit second block class. Census was run for the student on 11.02.2015. What is the student's COA budget as of for Fall and Winter assuming they will be attending Winter full time?
$10,380
500
(Double Jeopardy) A 22 year old LDS widowed student with no dependents is pursuing an bachelors degree. They live at home with their parents and have been packaged full time Fall/Winter. They have accepted their loans and have been certified for the full eligible amounts Fall and Winter. They have been awarded a S1FQ of 2874 for Fall/Spring. An AAF has been submitted indicating that the student will be attending 1/2 time Fall, 1/4 time Winter, and 1/4 time Spring at which point the student will be graduating. They have cumulative earned credits of 89, a 9 month EFC of 5199, a 6 month EFC of 4636, and a 3 month EFC of 3563. Assuming the Fall Scholarship and Pell have disbursed, and credits were dropped prior to FADD, how much aid would you put on the funds to be returned list?
$1,437 of S1FQ, $2705 of SUB, and $990 of USB (Loans will be cancelled completely and then re-offered as Fall only loans.)
500
A senior divorced pathway student living with their parents pursuing their bachelors degree is attending 3/4 time Fall, Winter, and Spring. Line 46 on their FAFSA has been marked "Y" and lines 51 and 52 have been marked "N". Their 9 month EFC is 4000, their 6 month EFC is 3000, and their 3 month EFC is 2000. How much SUB and USB can you certify for this student assuming they accept the full amount they qualify for?
$3,847 in SUB and $3,000 USB
500
A senior LDS independent single student pursuing their bachelor's degree is attending 3/4 time Winter and half time Spring. They have used $23,320 of their aggregate SUB loan, $32,335 of their aggregate USB loan and 505.623% of their Pell LEU. The student has reaffirmed their debt and is eligible to receive federal aid for the 15-16 financial year. They attended BSU three quarter time during the Fall semester and only received Pell. The student's 9 month EFC is 20. How much aid does the student qualify for Winter and Spring semesters? (Give totals and break down per semester)
Totals: $3,578 of Pell and $1,845 of USB Total for Winter: $2,147 of Pell and $923 of USB Total for Spring: $1,431 of Pell and $922 of USB
500
What does the acronym FSEOG stand for?
Federal Supplemental Educational Opportunity Grants
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