Show:
FAFSA
Grants
Fin Aid I
Loans 101
100
What does FAFSA stand for?
Free Application For Federal Student Aid
100
What is the name of the free money that CA gives students? (You do not have to pay back this money)
California State Grants
100
When can you apply for FAFSA?
January 1st- March 2nd
100
Name one fact about subsidized loans?
1. You don't pay interest while you are in school. 2. You have 6 months after graduating to pay interest. 3. The interest rate is 3.4%
200
True or False: You should pay someone to file your fafsa for you. It will get you more money.
False
200
How many Cal grants are there?
There are 3 Cal grants
200
True or False: If you apply for FAFSA in January you will receive more student aid than someone who applied on March 1st?
False
200
What is the interest rate for: Perkins loan? Subsidized loan? Unsubsidized loan?
Perkins loan- 5% Subsidized loan- 3.4% Unsubsidized loan- 6%
300
There is a Fee for the FAFSA
FALSE
300
What is the GPA FOR CAL grant A? CAL grant B?
Cal grant A 3.0 gpa. Cal grant B 2.0 gpa
300
What is the minimum GPA to receive financial aid?
2.0
300
What does a set interest mean?
The interest rate will not go up. It is fixed.