Financial Aid 101
The application used to apply for financial aid
What is the FAFSA?
Number of months students have as a grace period after they stop attending school at least half time to enter repayment on the Stafford Loan
What is six months?
FAFSA
What is the Free Application for Federal Student Aid?
NOVA's Scholarship System
What AcademicWorks?
The date you may begin filing the FAFSA
What is October 1?
The government pays the interest on this type of loan while the student is enrolled in school at least 1/2 time
What is the Subsidized Stafford Loan?
All males between 18 and 25 are required to register for this
What is Selective Service?
EFC
What is Expected Family Contribution?
Tuition Grant Program to provide tuition and fees at any Virginia Community College for high school graduates or GED completers in foster care or the custody of a social services agency, or considered a special needs adoption
What is Tuition or foster Care Grant?
The four types of financial aid
What are scholarships, grants, work-study, and loans?
This is the quiz students must complete electronically before their loans are disbursed
What is Entrance Counseling?
Two types of unacceptable High School Diplomas according to the VCCS
What are certificates of completion and special diplomas?
SAP
What is Satisfactory Academic Progress?
Categories of NOVA Scholarships
What is External and Internal?
GMU and NOVA fall semester priority deadline for completing the financial aid process
What is March 1?
This is the interest rate on Federal Direct Stafford Loans
What is 4.53%?
This type of student must include parental information on the FAFSA
What are dependent students?
MPN
What is Master Promissory Note?
New partnership between NOVA and GMU that gives NOVA students targeted, personalized support to complete their BA Degrees in a timely manner to save money
What is Advance?
The tax year used to complete the 2019-2020 FAFSA application
What is 2017?
The number of credits in which a student must be enrolled to receive a loan
What is six?
To be eligible for financial aid, you would need to be a U.S. citizen or ____
What is permanent resident or other eligible non-citizen?
DRT (hint: allows applicants to transfer tax information onto their application)
Presents a structured, educationally coherent program maps aligned with student career and educational goals
What are informed pathways?