FAFSA Basics
Fill in the blank
Types of Financial Aid
100

What does FAFSA stand for?

What is the Free Application for Federal Student Aid?

100

You can select up to _____ different schools to receive FAFSA information.

What is 20?

100

Does not need to be repaid, is need-based, and awarded through academic achievement/other criteria

What are Grants?

200

How often do you need to renew your FAFSA?

What is annually?

200

The final deadline to submit FAFSA is _____.

What is June 30?

200

Financial aid provided through part-time employment

What are work-study funds?

300

What day is the FAFSA typically released each year?

What is October 1st?

300

Illinois has a FAFSA completion rate of _____%. 

What is 59.4%?

300

Given through loans where the borrower is responsible for paying all interest even while in school. 

What are unsubsidized loans?

400

What are the four main types of financial aid available through FAFSA?

What are grants, work-study funds, scholarships and loans?

400

The state that has the highest FAFSA completion rate is ______. 

What is Tennessee? 

400

Given through loans where the government pays the interest while the student is in school. 

What are subsidized loans?

500

Who is responsible for filing out the FAFSA?

What are you, your parents, and your spouse?

500

The state that has the lowest FAFSA completion rate is ______.

What is Alaska?

500

Does not need to be repaid, is merit-based, and awarded through academic achievements/other criteria

What are scholarships?