FAFSA
GRANTS
LOANS
NC529
ACRONYMS
100
This is the number of colleges you can list while completing the FAFSA.
What is up to 10 colleges?
100
The name of one federal grant.
What is the Pell Grant? What is the Supplemental Educational Opportunity Grant? What is the TEACH Grant? What is the Iraq and Afghanistan Service Grant?
100
Loans are a form of financial aid that typically must be repaid with __________ unless paid in full before any ________ accrues. NOTE: Use the same word for both blanks.
What is interest?
100
NC529 funds can be used at colleges in this/these state(s) to pay for qualified education expenses.
What is any state in the United States?
100
NCAA
What is National Collegiate Athletic Association?
200
These are the four main types of financial aid.
What are grants, scholarships, loans, and work-study?
200
People often refer to grants as this type of money (i.e. ______ money).
What is free?
200
This is the set period of time after you graduate, leave school, or drop below half-time enrollment before you must begin repayment on your loan.
What is grace period?
200
This is the contribution minimum to open a NC529 account.
What is $25?
200
FAFSA
What is Free Application for Federal Student Aid?
300
Process used when college financial aid offices require more information about student and parent's income.
What is the verification process?
300
The college classification of students who are eligible for Pell Grants.
What is undergraduate?
300
The government pays the interest on this type of loan while a student is enrolled in college.
What is a subsidized loan?
300
NC 529 funds can be used to pay for these qualified education expenses.
What are tuition, fees, room and board, books, computer/related equipment, and school-related supplies?
300
HBCU
What is Historically Black College University?
400
You use this to sign your financial aid application online.
What is FSA ID?
400
Federal grants are awarded based on a student's _______.
What is financial need?
400
Parents (or graduate/professional students) may apply for this type of loan to pay for college.
What is a Direct PLUS loan?
400
This is the URL for the NC529 website.
400
COA
What is Cost of Attendance?
500
In addition to the FAFSA, some institutions require this additional financial aid form to determine a student's eligibility for non-federal aid.
What is the CSS PROFILE?
500
The maximum amount of money given for a Pell Grant.
What is $5,815? NOTE: Amounts may change yearly.
500
This is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education.
What is Master Promissory Note?
500
Money from a NC529 account used to pay for college expenses would be classified as _____-_____ aid. NOTE: the answer is a compound word.
What is self-help aid?
500
EFC
What is Expected Family Contribution?