Financial Aid Deep Dive
The cost that may not appear on your bill but is required for classes
What are textbooks / course materials?
This global pop star, born to immigrant parents from the Dominican Republic, grew up in the Bronx before topping charts with her album "Invasion of Privacy”.
👉Who is Cardi B?
This European microstate is the smallest country in the world by both area and population.
What is Vatican City?
This refers to spreading investments across different asset types to reduce risk.
What is diversification?
This country in South America is bordered by Brazil, Argentina, and Bolivia.
What is Paraguay?
This federal grant is awarded to students with exceptional financial need and does not need to be repaid.
What is the Pell Grant?
This former First Lady was a first-generation college student who graduated from Princeton University and later Harvard Law School.
Who is Michelle Obama?
This mountain, located in Tanzania, is the highest peak in Africa.
What is Mount Kilimanjaro?
The financial rule that suggests saving 20% of your income, spending 50% on needs, and 30% on wants.
What is the 50/30/20 rule?
This country is made up of over 17,000 islands, making it the largest archipelago in the world.
What is Indonesia?
The type of loan that accrues interest while the student is still enrolled
What is an unsubsidized loan?
This EGOT-winning artist graduated from University of Pennsylvania and studied English with an emphasis on African American literature before becoming a global music star.
Who is John Legend
This island nation in the Indian Ocean is the fourth largest island in the world.
What is Madagascar?
This retirement account allows contributions to grow tax-free, with withdrawals also being tax-free in retirement.
What is a Roth IRA?
This country has one of the highest youth unemployment rates in Europe, which often impacting first-generation graduates’ job prospects.
What is Spain?
The number that determines your eligibility for need-based aid and is calculated from FAFSA data
What is the Student Aid Index (SAI)
This person grew up in poverty in rural Mississippi and became a media executive, talk show host, philanthropist.
Who is Oprah Winfrey?
This country has a flag that is the only non-rectangular national flag in the world.
What is Nepal?
An investment account that allows earnings to grow tax-free when used for qualified education expenses.
What is a 529 plan?
This Scandinavian country consistently ranks among the highest in equality, education access, and social mobility indexes.
What is Norway?
This rule limits how much aid a student can receive so that it does not exceed the total cost of attendance.
What is the cost of attendance (COA) cap?
This rapper and actor studied architectural drafting at Phoenix Institute of Technology before becoming a founding member of N.W.A.
Who is Ice Cube?
This country has the most neighbors (shares borders with the most countries).
What is China?
This concept describes the trade-off between the likelihood of losing money and potential return.
What is risk vs return?
This African country has the most pyramids in the world, more than Egypt.
What is Sudan?