FAFSA
Scholarships
Grants
Loans
Work Study
100
The appreviation for the Free Application for Federal Student Aid.
What is FAFSA?
100
An award that involves money that does not have to be repaid and generally is based on merit.
What is a scholarship?
100
Involves money that does not have to be repaid and generally involves financial need.
What are grants?
100
These are low interest and must be repaid to the lender.
What is a Student Loan?
100
A campus paid job for student enrolled in at least 6 credit hours.
What is Work Study?
200
The date that the FAFSA becomes available online.
What is January 1st?
200
OJC's scholarship deadline.
What is April 15th?
200
The largest form of financial aid.
What is the Pell Grant?
200
The loan that the government pays the interest while the borrower is enrolled in at least 6 college credits.
What is a Subsidized Loan?
200
The hourly wage for OJC work study students.
What is $8.00 per hour?
300
The website used to complete the FAFSA.
300
The name of OJC's unique scholarship in which a student must graduate with a 3.0 or higher and attend OJC the fall semester following graduation.
What is the 3.0 Scholarship.
300
The maximum amount a student can receive annually in the Federal Pell Grant.
What is $5,645.00
300
The loan that accrues interest from the moment it is disbursed to the borrower's account.
What is an Unsubsidized Student Loan?
300
The number of hours a work study student is allowed to work in one week.
What is 15 hours?
400
A student who is over the age of 24, married, or has children of their own and may only use their own income on the FAFSA.
What is an independent student?
400
An award that OJC accepts from any outside donors such as churches, social organizations, and businesses.
What is a private scholarship?
400
A state grant that is awarded to the school that is then disbursed as a $250.00 award each semester to a full time qualifying student.
What is the Colorado Student Grant?
400
The amount of time a borrower has before they must begin payment on their student loans after they have graduated, withdrawn, or are enrolled in less than 6 college credits.
What is the 6 month grace period?
400
The three documents you must turn in to apply for work study at OJC.
What are the FAFSA, Application, and Resume?
500
The amount that you and your family is resonably expected to contribute to your education.
What is Estimated Family Contribution (EFC)?
500
The enrollment status that most scholarships require the student to be.
What is full time?
500
A stipend that is awarded $64.00 per credit hour to resident students regardless of financial need or merit.
What is the College Opportunity Fund (COF)?
500
The interest rate for Unsubsidized Student Loans.
What is 6.8%?
500
The date that a new work study student can start working for the fall 2014 semester.
What is July 1, 2014?