FAFSA 101
This is what FAFSA stands for
What is Free Application for Federal Student Aid?
This is the NUMBER ONE thing you should do to get help paying for college. By filling out this application, you are considered for lots of FREE MONEY from the federal government, the state of Michigan, and the schools you are applying to.
What is Filing the FAFSA?
Money you borrow from the federal government or a private lender to help pay for college costs, like tuition, supplies, books and living expenses.
What is a Student Loan?
This college is located in Downtown Holland.
What is Hope College?
A nine-digit number issued to U.S. citizens, permanent residents, and temporary (working) residents. You need this for your FAFSA application.
What is the Social Security Number?
This resource is offered by places all around you. Businesses, non-profit organizations, schools, individuals, and others might have applications for these.
What is Scholarships?
A federal program providing undergraduate and graduate students with part-time employment during the school year.
What is Work Study?
The mascot of Michigan State University.
What is Sparty?
This allows students and parents to identify themselves electronically to access Federal Student Aid websites. You create one as the first step of the application.
What is a FSA ID?
Types of financial aid that you don't have to pay back.
What is Scholarships & Grants?
A type of need-based aid that does not need to be paid back.
What is a Grant?
The total amount of financial aid a student is to receive. May include grant, work-study, and loan funds from a variety of sources.
What is Financial Aid Package?
Public University located in Detroit, Michigan
What is Wayne State University?
This shows your (and your parents if you are a dependent student) 2019 income information.
2019 Tax Records
Federal student loan that doesn’t accrue interest while you’re in college or during other periods of authorized non-repayment, such as a grace period.
What is Subsidized Loan?
Type of colleges that generally offer the highest dollar amount of financial aid.
A federal student loan that starts to accrue interest as soon as it is disbursed.
What is Unsubsidized Loan?
Oldest university in Michigan, founded in 1817.
What is University of Michigan?
The ________________ you write down on the FAFSA form will automatically receive your FAFSA results electronically. They will use your FAFSA information to determine the types and amounts of financial aid you may receive.
What is List of Schools (you're interested in applying to)?
The amount FAFSA determines a student and family can afford to pay each year for college expenses
What is EFC (Expected Family Contribution)?
The largest federal grant program offered to undergraduates, designed to assist students from low-income households.
What is the Pell Grant?
The total estimated amount it costs to attend a college, including tuition, fees, room, board, books, transportation, and personal expenses.
What is COA (Cost of Attendance)?
Mr. Bautista and Ms. Robica attended this school.
What is Michigan State University?
This section includes savings and checking account balances, as well as the value of investments such as stocks, bonds, and real estate excluding your primary residence.
What is Records of your Assets (Money)?