Financial
Aid Overview
Aid Overview
The period beginning July 1 of one year and ending June 30 of the following year.
What is an award year?
This person is the current president of LASFAA.
Who is La'Charlotte' Garrett?
The annual loan limit for 5th year dependent students whose parent is denied PLUS.
What is $12,500?
The type of campus-based aid a graduate student is eligible to receive.
What is Federal Work-Study?
The code on a SAR/ISIR transaction indicating that a student has been selected for verification.
What is a verification flag?
Estimates for tuition, fees, books, supplies, and housing are used to create this figure.
What is Cost of Attendance?
The approximate number of LASFAA members.
What is 500?
A disbursement made to a student who has ceased to be eligible.
What is a late disbursement?
The four (4) different components of the TOPS program.
What are TOPS Opportunity Award, TOPS Performance Award, TOPS Honors Award, & TOPS Tech Award?
A situation when an institution must verify that a student correctly answered dependency questions on the FAFSA.
What is when conflicting information exists?
Under this circumstance, an FAA can use PJ to change a student's status from independent to dependent.
What is no circumstance allows for this change?
The total number and amount of each Mildred D. Higgins High School Scholarship awarded annually.
What is four (4)/$500 each?
In this situation, an institution must return Direct Loan funds after funds have disbursed.
What is a student does not initiate attendance in any classes?
This exciting program provides a nationally-recognized standard in financial aid training and allows you to earn recognition for your mastery of content.
What is NASFAA Professional Credentials?
DAILY DOUBLE!!!
A student must do this when parents are divorced, and the custodial parent dies, after the FAFSA is filed?
What is Nothing?
These two (2) factors are used to measure a student's SAP status.
What are Qualitative and Quantitative?
LASFAA's committees and board members are comprised of these people.
What are volunteers?
DAILY DOUBLE!!!
This occurs when unpaid interest is added to the principal amount of student loans.
What is interest capitalization?
The deadline for the time-limited changes to Public Service Loan Forgiveness (PSLF) Program rules that allow borrowers to receive credit for past periods of repayment that would otherwise not qualify for PSLF.
What is October 31, 2022?
True or False: For tax purposes, you might claim head of household if you are unmarried and responsible for more than half of the cost of keeping up your and your dependent's home.
What is True?
The minimum length of an academic year for undergraduate clock hour programs.
What is 26 weeks, 900 clock hours?
The LASFAA 2023 fall conference will be held in this city under this person's leadership.
What is New Orleans and Training Committee Chair/1st Vice President LaTora Green?
A school may not hold a Direct Loan in a credit balance status beyond the end of the...
What is the loan period?
The name and acronym of our state association.
What is Southwest Association of Student Financial Aid Administrators (SWASFAA)?
This student does not have to provide a verification of non-filing letter if selected for verification.
Who is a dependent student who is a nonfiler?