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Financial Aid Basics (1)
Grants & Scholarships
FAFSA (2)
Student Loans (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 3 main forms of financial aid

What is Grants/Scholarships, Loans and Work study

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
Certificate, diploma, Associates
200

This is what Undocumented students can complete to receive CO State Aid

What is the CASFA

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 direct loan in which 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 More or Less than $3,000

What is $3,458 - More

300

This is the amount you may be reimbursed for by an employer that offers Employer-paid Tuition Assistance

A. $1,000     B. $5,250     C. $10,000

What is $5,250

300

What males ages 18-25 must register for in order to receive federal aid?

What is the selective service?

300
This is the height of the shortest NBA player of all time.
What is 5'3? Muggsy Bogues who played predominantly for the Charlotte Hornets.
300
The type of loan in which interest accrues while the student is in school.
What is Unsubsidized loan
300

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

What is bachelors, Masters, Doctorate and Professional

400

This is the total cost of attendance at Metropolitan State University including living on campus...

A. $10,585     B. $18,275     C. $25,675

What is $18,275

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 CO State & Pell Grants

What is the Federal Supplemental Educational Opportunity Grant (SEOG)

400

This is the combination of a families income and net worth used to determine financial aid eligibility into one number

What is SAI?

400

The monthly repayment amount for a student who has borrowed $20,000 in loans - More or less than $300

What is $230, so LESS

400

The median weekly income for someone who earns only a high school diploma. More or Less than $700?

What is $678 - Less

500

What Colorado Residents can apply for when attending colleges in AZ, NM, CA, MT, AK, NV, ND, UT, WA, SD, HI, ID...

What is the WUE or reciprocity?

500

A community service opportunity available for students to help finance part of their education (hint: you have to make a commitment and it's not the military!)

What is AmeriCorps?

500

Name one of the 3 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 = $5,500 (sub) + $7,000 (unsub)

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