Financial Aid Glossary
College Preparation
College Information
Famous Alumni
Fun Facts
100

A type of financial aid award based on need or merit that does not require repayment.

What is a Grant? 


100

A grant or payment to support a student's education

What is a scholarship?

100

Institutions of higher learning that are supported by state and local taxes

What are public universities/colleges?

100

Celebrity that went to the university of Southern California: 

-Leonardo DiCaprio

-Will Ferrel 

-Seth Rogan 

Who is Will Ferrel? 

100

Oldest College in U.S

What is Harvard University(1636)? 

200

A fee charged when you take out a loan.  It is calculated as a percentage of the principal loan amount.  It may be a fixed or variable rate.

What is Interest? 




200

A letter written by someone that describes you skills and talents

What is a letter of recommendation? 

200

The form used to file financial aid for college 

What is FAFSA (Free Application for Federal Student Aid)

200
Celebrity that went to University of Texas at Austin: 

- Beyonce 

-Steve Carell

-Mathew McConaughey

Who is Matthew McConaughey?

200

Where is Oxford University located? 

Where is England?

300

The amount by which your family's contribution falls short of covering your college expenses. 

What is Financial Need? 

300

The highest total score you can get on the SAT

What is 1600?

300

Degree given after the successful completion of 2 years of study

What is Associate's Degree? 

300
Which celebrity went to Yale University? 

-Rihanna 

-James Franco

-Emma Stone 

Who is James Franco? 

300

What does AVID stand for? 

What is Advancement Via Individual Determination?

400
Define "Work Study"

What is an opportunity for a student to work part-time and attend college.  Also work-study is designed to help students fund their college?

400

The highest score you can get on the ACT

What is a 36?

400

Your main area of study in college 

What is a Major? 

400
Celebrity that went to Texas A & M University: 

-Eva Longoria

-Lebron James 

-Sandra Bullock



Who is Eva Longoria? 

400

How many people (millions) are accepted to colleges or university each year? 

20 Million 

500

This term applies to loans.  It is the failure to repay a student loan according to the terms of the loan.  If this occurs, the state and the federal government can all take action to recover the money, including notifying national credit bureaus. 

What is Default?

500

When colleges notify applicants of acceptance or rejection during the first semester of senior year

What is early decision? 

500

A student that is enrolled in 12 units of study per semester

What is a full-time student?

500
Celebrity that went to Dartmouth: 

-Steve Jobs 

-Tom Hanks 

-Meryl Streep

Who is Meryl Streep? 

500

What does HBCU stands for? 


What is Historically Black College and University?