Financial Aid 101
The three main types of Financial Aid
What is Scholarships/Grants, Loans, Work-Study?
This is application that determines your eligibility for federal aid
What is FAFSA?
This is a two-year institution of higher education
What is Community College?
This is the information you use to determine your selectivity on the Barron's Selectively Index
What is GPA and ACT?
True or False. Students are required to take the ACT twice prior to graduation.
What is true?
Type of financial aid, also known as "gift aid", that doesn't have to be repaid
What is scholarships and grants?
This type of scholarship is based on a student's skill or ability, for example a student's grades and test scores
What is merit scholarships?
This is the undergraduate degree offered by four-year colleges and universities
What is bachelor's degree?
This is a document that has your high school academic record such as GPA, courses, test scores, etc.
What is transcript?
This is the type of college-level class is offered at CRD
What is Advanced Placement (AP)?
FAFSA is an acronym that stands for this
What is the Free Application for Federal Student Aid?
This grant award depends on financial need, the college’s cost of attendance, and student's enrollment status
What is Pell Grant?
This type of college is funded by local and state governments and usually offer lower tuition rates than private colleges
What is public colleges?
True or False. Only your grades from junior year matter for college admissions.
What is false?
This is the number of "match" schools you are expected to apply to senior year
What is five?
The amount it will cost a student to attend a university for the academic year, which includes tuition and fees, room and board, and estimated costs for books, transportation, etc.
What is Cost of Attendance?
The date the FAFSA becomes available
What is October 1?
These colleges offer a broad base of courses in the liberal arts. Most are private and offer four-year programs that lead to a bachelor's degree.
What is Liberal Arts College?
The ACT consists of four tests: English, Math, Science, and __________.
What is Reading?
This offers high school students the opportunity to take classes at a college and experience college life during the summer.
What is pre-college summer program?
The total amount students and their families are expected to pay toward college costs from their income and assets for one academic year
What is Expected Family Contribution (EFC)?
A need-based loan that the federal government pays the interest while you’re in school
What is Federal Subsidized Loan?
This designation is given to institutions of higher education with 25% or more total undergraduate Hispanic full-time equivalent student enrollment.
What is Hispanic-serving Institutions (HSI)?
A student's chosen field of study
What is major?
The purpose of this course is for you to begin formulating your _____________
What is post-CRD education plan?