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Financial Aid Basics (1)
Grants & Scholarships
FAFSA (2)
FAFSA(4)
Choosing A College (5)
100
FAFSA is an acronym that stands for this
What is the Free Application for Federal Student Aid?
100
These are the 3 forms of financial aid
What is Grants/Scholarships, Loans and Workstudy
100
This is the earliest students can complete the FAFSA every year
What is October 1st
100
A postponement of a loan payment
What is Deferment
100

The types of degrees that you can earn at a 2 year college

What is a Certificate or Associates degree?

200
This is what Undocumented students can complete to receive MN State Aid
Who is the Minnesota Dream Act
200
The amount of credits a student must be enrolled in to be considered full time financial aid eligible?
What is 12 semester credits?
200
These types of students must submit financial information for their parents on the FAFSA
What are dependent students?
200

The type of federal loan the government pays the interest on while the student is still in school

What is a Subsidized loan?

200
The median monthly income you can earn with an associates degree
What is $3,458
300
This is the amount you may be reimbursed for by an employer that offers Employer-pad Tuition Assistance
What is $5,250
300

This is what males ages 18-25 must register for in order to receive federal aid

What is the Selective Service?

300

This is the process utilized by colleges to identify and correct any potential discrepancies on a student's FAFSA

What is Verification

300

The type of loan in which interest accrues while the student is in school.

What is an Unsubsidized Loan

300

The 3 types of degrees you can earn at a 4-year college or university

What is a bachelors, Masters, or Doctorate?

400

This is the cost of attendance at a State University and living on campus

What is $19,548

400
This is an institutional award for students to demonstrate additional financial need and can provide $100-$4,000 in additional funds above and beyond MN State & Pell Grants
What is the Federal Supplemental Educational Opportunity Grant (SEOG)
400

This is an estimate of how much a family can contribute towards 1 year of college

What is EFC?

400
The monthly repayment amount for a student who has borrowed $20,000 in loans
What is $230
400
The median weekly income for someone who earns only a high school diploma
What is $678
500

What is the program in Michigan some students qualify for if they received Medicaid benefits? 

What is TIP (Tuition Incentive Program)?

500
a community service opportunity available for students to help finance part of their education (hint: Ms. Criss was one!)
What is AmeriCorps?
500
Name 3 of the qualifying events that qualify as a change in financial status due to a special circumstance
Loss of a job, serious illness, disability, significant medical expenses, Separation or Divorce, Death in the Family
500
The amount of a direct stafford loan that an independent student can receive while in their 4th year of college
What is $12,500
500
The measurement of the percentage of first year, full time student enrolled in college that return to that same college in known as the __________________ rate
What is retention