Show Me The Money
Financial Aid for High School Students
Savings and Loans
It Costs How Much To Go There?
FAFSA
100
What Are Some Forms Of Financial Aid?
Scholarships, Grants, Loans, Work Study
100
What does FAFSA stand for?
Free Application for Federal Student Aid
100
What are loans taken by a parent to pay for a child's education?
PLUS Loans
100
What types of costs are directly billed to a student by Universities?
Tuition, Room and Board, Fees
100
What is the Free Application for Federal Financial Aid webpage?
200
What form of Financial Aid is based on the students application including GPA, SAT, Recommendations, and Extra Curricular Activities
Merit Scholarships
200
Who is eligible for Federal Aid?
Every U.S. citizen or eligible noncitizen
200
What is an interest rate that remains the same over the life of the loan?
Fixed Interest Rate
200
What is included in the Cost Of Attendance?
Direct Costs PLUS estimate for books, supplies, transportation, personal expenses.
200
What does SAR stand for?
Student Aid Report
300
What type of Financial Aid has to be paid back?
Loans
300

What Does EFC Stand For? What Does COA Stand For?

Estimated Family Contribution and Cost of Attendance

300
What is an interest rate that changes depending on market values?
Variable Interest Rates
300

When can I file the FAFSA?

October 1

300

How much does it cost to complete the FAFSA?

Nothing! It's free. 
400

What Type Of Financial Aid Does NOT Have To Be Paid Back?

Grants, a type of gift aid

400

How is need based financial aid calculated?

Cost Of Attendance - Estimated Family Contribution = Eligibility for need-based financial aid

400
What are non Federal Loans in a student's name?
Private Student Loans
400

What costs should you consider when going to college?

Tuition, Room, Transportation, Books, Extra-curricular fees, Personal Expenses such as Food, Utilities, Travel, etc.

400
What documents are needed to fill out your FAFSA?
Personal Information, Social Security Number, Parent Tax Form, Student Tax Form
500
What is federal Work-study?
It is need-based, but must be earned through a job.
500

What is the EFAS?

AKEB Scholarship Program that is 50% loan and 50% scholarship that is available as a last resort resource for Ismaili students

500
What type of loan's interest does not begin accruing until repayment begins?
Subsidized Loans
500

What are some states that offer in-state tuition for undocumented students?

 California;
 Colorado;
 Connecticut; 

 Florida;

 Illinois;
 Kansas;
 Maryland
 Minnesota;
 Nebraska;
 New Jersey; 

 New Mexico; 

 New York;
 Oklahoma;
 Oregon;
 Rhode Island; 

 Texas;
 Utah; and
 Washington;

500
What is your Federal Student Aid PIN and what do you use it for?
It is your personal identification number. It is used to SIGN your FAFSA electronically.