FAFSA Fundamentals
Expenses
Money Habits
NC Promise
Financial Aid & Grants
100

FAFSA stands for this full official name.

What is the Free Application for Federal Student Aid?

100

Tuition & fees are directly calculated based on the number of these you take each term.

What are credit hours?

100

You can significantly lower higher education costs by earning this degree at a community college before transferring.

What is an Associate's degree?

100

NC Promise reduces annual in-state tuition down to this dollar amount for attending students.

What is $1,000 per year?

100

Grants and scholarships are often called "gift aid" because they do not have to be paid back, making them completely this.

What is free money?

200

To remain eligible for federal, state, or school aid programs, students must submit a FAFSA form this often.

What is every year (annually)?

200

Housing and meal plans fall under this combined budget category.

What is Room & Board?

200

Rather than paying for campus housing, you can cut room & board expenses by attending a local university and doing this.

What is commuting from home?

200

The primary mission of the state-backed NC Promise initiative is to increase educational access and reduce this for students.

What is student loan debt?

200

This program offers part-time employment opportunities, usually on campus, as a form of financial aid awarded through FAFSA.

What is Work-Study?

300

This account login, consisting of a username and password, is required to log into and sign your FAFSA application.

What is an FSA ID?

300

Textbooks, notebooks, and computers fall under this specific expense category.  

What are Books & Supplies?

300

To save on course materials, you should shop online or opt for these instead of brand-new copies.

What are used books?

300

Exactly this many public North Carolina universities participate in the NC Promise program.

What is 4?

300

This well-known federal grant is available for up to 12 semesters of college attendance.

What is the Pell Grant?

400

FAFSA applications for private schools open in this month.

What is October?

400

Gas, parking permits, public transit passes, and flight tickets fall under this budget category.

What are Transportation expenses?

400

Taking the maximum number of courses you can handle each semester helps you achieve this money-saving goal.

What is graduating on time?

400

Name two of the four NC Promise member institutions.

What are Western Carolina University, Fayetteville State University, Elizabeth City State University, or UNC Pembroke?

400

This NC scholarship combines the federal Pell Grant with state-funded financial aid into one predictable award

What is the Next NC Scholarship?

500

Besides personal details, your FAFSA application may require tax, income, and asset information from this family member or contributor.

Who is a parent or spouse?

500

Estimated tutition cost of attendance before financial aid at Duke University is roughly this amount per year.

What is $76,759 ($70,000-80,000 is acceptable)?

500

Companies like Chipotle, Target, Starbucks, and Home Depot offer this benefit to reimburse employees for college costs.

What is tuition reimbursement?

500

True or False: NC Promise covers student fees, campus housing, and meal plans in addition to tuition.

What is False (it covers tuition costs only)?

500

Scholarships can be need-based or based on this, which rewards academic achievement or talent.

What is merit-based aid?