Financial Aid
Name three things that could be considered indirect costs
Books, school supplies, food, transportation, entertainment, etc.
True or false: you do not need to fill out the FAFSA to receive financial aid
False!
True or false: you do not need to pay back grants.
True!
Early Action or Early Decision: Which one is binding?
Early Decision
What is the fastest bird on foot?
Ostrich
What is the name of the financial aid program that allows students to work part-time on campus?
Work-Study
True or false: You only need to fill out the FAFSA once. It is good for all years that you attend college.
What are merit-based scholarships?
A financial aid award that students receive based on their academic success in high school (based on grades, ACT/SAT, etc.)
What is an RA and what are their duties?
RA= Resident Assistant
Who was the 16th president of the United States?
Abraham Lincoln
What is included in your direct costs?
Tuition, room & board (if you are living on campus)
What is the second financial aid program that you need to apply to (for New York State schools)?
TAP: Tuition Assistance Program
When do you have to start paying back your student loans?
What does room and board include?
Cost of on-campus housing as well as an on-campus meal plan :)
Which planet is closest to the Sun?
Mercury
What is your Expected Family Contribution (EFC)?
The amount of money the federal government determines that you or your family can pay based on the information you submit in the FAFSA
Can you fill out the FAFSA by yourself?
No. You and your parents both need to create FSA ID's in order to input all of the tax documents necessary for completion. Some special circumstances apply...
What is interest and how does it work?
Interest is a percentage of a loan, paid to the lender periodically for the privilege of using their money
What is the academic subject area that a student chooses to focus on during their undergraduate studies?
A major
A heptagon is a shape with how many sides?
7
How is your Net Cost calculated?
Total Cost of Attendance - Financial Aid Received = Net Cost.
What does FAFSA stand for?
Free Application for Federal Student Aid
What's the deal with the Excelsior Scholarship? Who's eligible?
Individuals making up to $125,000 per year will qualify to attend college tuition-free at all CUNY and SUNY two and four-year colleges in New York State.
Which is usually bigger: a college or a university?
University
What company is the world's biggest distributor of toys?
McDonald's! 1.4 billion toys per year