T or F. Grants are free money that you never need to pay back.
What is... TRUE!
100
T or F: Loans are a type of financial aid that the government gives you for free to help pay for college
What is... FALSE!
100
T or F. You can only apply to a certain amount of scholarships per year.
What is..FALSE! There is NO LIMIT to the amount of scholarships that you can apply to.
100
When are your next ACT tests?
When is December 9th
200
How many times do I need to fill out FAFSA?
What is annually (once a year) while your in college
200
T or F: Are grants renewable?
What is... TRUE! Grants can be renewed annually (once a year)
200
T or F. You must apply to the FAFSA to take out a federal loan.
What is... TRUE!
200
T or F. You can only apply to scholarships during your Senior year in High School.
What is..FALSE! You can continue to apply through college!
200
Name all four UMass campuses
What is Dartmouth, Lowell, Amherst, and Boston
300
What type of aid can you get through FAFSA?
A) Grants
B) Loans
C) Scholarships
D) All of the above
What is D. FAFSA is a one stop shop to federal aid regarding scholarships, loans, and grants!
300
Where does the Pell Grant come from?
What is... the Federal Government
300
What are the two types of federal student loans?
What is Subsidized & unsubsidized Stafford loans.
300
Name at least 3 reasons why scholarships can be awarded for.
What is What is... Merit, Athletics, Special Talents, Ethnicity, Financial Need, etc...
300
*DOUBLE JEOPARDY*
What is the maximum amount of aid you can get from the Pell grant?
What is ~$5,815
400
What is the Pell and many other grants based off of?
What is... Your family need or your family expected contribution
400
The type of loan in which interests starts building up immediately.
What is What is...UNSUBSIDIZED (UNsuper)loan Subsided (SUPER) loans means your interest does not accrue while you're a full time student.
400
Who funds scholarships? Name 3 possible donors
What is federal/state governments, local communities, colleges/universities, and private
resources.
400
What does EFC stand for?
What is Expected Family Contribution. This number determines your need and your financial aid award letter.
500
What does FAFSA stand for
What is... Free Application for Federal Student Aid. You should never have to pay to file for FAFSA
500
Name one type of federal grant
What is Pell Grant or Educational Opportunity Grant
500
When do you have to start paying back your loans?
What is 6 months AFTER graduation.
500
What is the difference between merit based and need based?
What is... Merit-based assistance is awarded to students with a particular skill, achievement, talent or characteristic. - Need- based assistance is provided to students who cannot afford college using only their own or their family's financial resources
500
Name three non-state schools in MA
What is BU, BC, Northeastern, Curry, Bentley, and many many more.