Financial Aid
The FAFSA and CASFA open in this month (for the following year)
What is October?
Name two of the factors that may impact Colorado students’ eligibility for the WUE tuition rate/scholarship at a WUE school
What are: Academic background (GPA/Test)* Major *Holistic review of an application?
Students access these three types of need-based financial aid by completing FAFSA/CASFA
What are loans, workstudy, and grants?
If I spend 2 hours on a scholarship application and am awarded $500, this is my hour pay rate.
What is $250/hr
The net price is equal to the sticker price minus these two types of financial support
What are scholarships and grants
This federal grant is awarded to students with the most financial need.
WHAT is the Pell Grant?
Admissions-based scholarships are most frequently based on which two criterion
WHAT are GPA and test score
When completing FAFSA/CASFA, this type of student does not include parental information
WHAT is an independent student? (Age 24+ * Graduate student * Married * Financially supporting own child * Parents are deceased * Foster care * Ward of court * Homeless and unaccompanied * Active duty military)
This is one reason to apply to scholarships that are random drawings.
What are: Quick * Easy * Somebody‘s gotta win
Net price calculators use financial information from these two or three people to estimate a student’s cost
Who are: The Student + 2 parents (if they are married/same household) OR 1 parent (and step-parent, if applicable)
Need-based financial awards are calculated using this “Index” from the FAFSA or CASFA
WHAT is the Student Aid Index?
This is CSU’s minimum GPA for an admissions-based scholarship
What is 3.8 weighted?
The CASFA helps some students, who are not citizens, access funding for college in which state?
What is Colorado?
Students who apply to scholarships that require THIS to apply, increase their chance of success.
What is an essay?
Colleges are required to have this tool to help guess your true cost of attendance
What is a Net Price Calculator
Financial need depends on the cost of the college. Name one college that sees families whose income is up to $200K as a “family with financial need”
What are Rice, Colorado College, Harvard, MIT, Penn, etc.
This western slope university in Colorado has admissions-based scholarships that start with a weighted GPA of 3.20
What is Colorado Mesa University
FosterEd and EmpowerEd offers full coverage for the cost of attendance to which students in Colorado? (name one)
Students who were in Foster Care since turning 13 years old or Students who were identified in the McKinney-Vinto program
The WUE program allows CO students at certain public colleges in the western region access this lower tuition rate
(a percentage of in-state tuition rate)
WHAT is 150%?
These costs are always included in a Net Price Calculator‘s cost of attendance
WHAT are direct costs? Tuition & est. Fees, est. room & board
Everyone who might attend college in the next year should do this to access financial aid
What is file a FAFSA/CASFA?
This flagship university in a neighboring state offers better admission-based scholarships when a student has a strong test score
WHAT is U of Wyoming?
These words make up the acronym “FAFSA”
What is: Free Application for Federal Student Aid?
The PSD Scholarship App typically becomes available in this month.
What is December?
These costs are sometimes included in a Net Price Calculator
What are indirect costs? Estimates for:
Transportation * Living expenses * Books