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FINANCIAL AID
FINANCIAL AID PART 2
GRANTS & LOANS
REQUIREMENTS & REGULATIONS
RULES
100
How can I pay for college?
What is applying for Financial Aid.
100
_________ is money available to assist students with the costs of attending college.
What is Financial Aid
100
A type of Grants that are awarded to undergraduate students, who have not yet earned a bachelor‘s degree.
What is Pell Grants
100
Students must maintain an overall grade point average of or better in the current program of study.
What is 2.0 GPA
100
A student must be in enrolled in a ______ to obtain Financial Aid?
What is a degree program
200
What does Financial Aid offer?
What is Pell Grants, Work-Study Jobs or Loans
200
This _________ comes from a wide variety of federal, state, institutional and private financial aid programs.
What is assistance
200
You are eligible for this loan if you are enrolled at least half-time in a degree seeking program, are not in default on a federal loan or owe a repayment on a federal grant, and meet all other eligibility criteria.
What is Federal loans
200
Students must successfully complete at least ____ of the credits attempted each term.
What is 50%
200
What Federal regulations require that a student has met and continues to meet some basic academic progress standards before he or she can receive Federal Financial Aid.
What is Satisfactory Academic Progress?
300
What is the first step a student must take before applying for Financial Aid?
What is filling your taxes.
300
Federal student aid is _______ help for students enrolled in eligible programs at participating schools to cover school expenses, including tuition and fees, room and board, books and supplies, personal expenses and transportation.
What is financial
300
This Loans is based on financial need as determined by the Free Application for Federal Student Aid (FASFA).
What is Subsidized Stafford
300
A student must be a before applying for Financial Aid
What is a US citizen
300
Students who are receiving federal financial aid and do not meet the satisfactory academic progress criteria are placed on _______ period for the following academic semester.
What is Financial Aid Warning
400
How do I apply for Financial Aid?
What is filling out a Federal Student Aid (FASA) Form online at www.fafsa.ed.gov.
400
Most Federal aid is what?
What is need-based
400
This Loans is not based on financial need. You are responsible for the interest while you are in school. You can either pay the interest quarterly or have it accrue and added to the loan principle.
What is Unsubsidized Direct Loans
400
A student must have earned one of these before applying for Financial Aid
What is high school diploma, GED, or passed the ability to benefit test
400
What is a status assigned to a student who fails to make satisfactory academic progress and who has appealed and has had eligibility for aid reinstated.
What is Financial aid probation
500
When will receive confirmation of your financial aid application in the form of a Student Aid Report?
What is Four to six weeks after submitting a FAFSA.
500
The Salina Tech school code is what, when applying for Financial Aid
What is 005499.
500
Remember to always borrow conservatively. A student ____ is a debt that must be repaid.
What is a Loan
500
A student cannot have this on their record?
What is drug convictions or meet the acceptable exceptions
500
A student who has been suspended from financial aid may seek _________ by achieving, without benefit of financial aid, both the completion rate and the cumulative 2.0 GPA required.
What is reinstatement