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Financial Aid Basics
Grants & Scholarships
FAFSA
Student Loans
College
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
Certificate, diploma, Associates
200

The service used by Columbia State to deliver student refunds.

What is  BankMobile?

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

Covers tuition/mandatory fees for eligible new high school graduates attending a community college in TN.

What is TN Promise?

300

This is the untaxable amount you may be reimbursed by an employer that offers Employer-paid Tuition Assistance in tax-free educational assistance, covering tuition, fees and/or books.

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 how often the FAFSA must be completed.

What is annually?

300
The type of loan in which interest accrues while the student is in school.
What is Unsubsidized loan
300
The 4 types of degrees you can earn at a 4-year college & university
What is bachelors, Masters, Doctorate and Professional
400

The FAFSA must be filled out by these people.

Who is all prospective students?

400

The academic standards you must meet to keep your financial aid.

What is SAP (Satisfactory Academic Progress)?

400

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

What is EFC?

400

The campus department that can assist with student loan questions.

Who is the Financial Aid Department?

400

Scholarship with minimum high school GPA and ACT requirements. It's renewal requires minimum 2.75 college GPA after 24 credits, then 3.0 GPA thereafter.

What is Hope Scholarship?

500

Tennessee has something through the Academic Common Market (ACM), allowing residents of 15 SREB-member Southern states to pay in-state tuition for specific, specialized programs not offered in their home state. Participating states are: AL, AR, DE, FL, GA, KY, LA, MD, MS, OK, SC, TN, TX, VA, and WV.

What is reciprocity?

500

Job-based financial aid provided based on work 

What is work study?

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 official document showing the amount and types of aid you are eligible to receive.

What is the award offer?

500

Covers tuition/mandatory fees for eligible adults returning to college after being out of high school for a while. 

What is TN Reconnect?