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Paying for College 101
Take a Loan?
Important Dates
Acronyms
Double Jeopardy
100
The application used to apply for financial aid.
What is the FAFSA?
100

How does a student apply for a federal school loan?

What is the FAFSA?

100
The earliest date that FAFSA forms can be completed for the upcoming school year?
What is October 1?
100
FAFSA
What is Free Application for Federal Student Aid?
100
These have a relatively low interest rate and need to be repaid.
What is a loan?
200

How much does it cost to apply using the FAFSA?

What is Free?

200
The government pays the interest on this type of loan while you are enrolled at least half-time.
What is a subsidized Stafford loan?
200

Priority filing date

What is the deadline the college requires the FAFSA and all supporting documents to be submitted?

200

SAI (hint: this is the amount your family should be able to pay towards your education based on your FAFSA)

What is the Student Aid Index?

200

The type of financial aid students must apply to and does not have to be repaid, and is based on, needs, grades, and or merit, and requires separate applications. 

What is a Scholarship?

300
What you need to create to electronically sign your FAFSA.
What is the FSAID?
300
The type of loan where the government does not pay your interest while you are enrolled half time.
What is an Unsubsidized Stafford Loan
300

How often do you have to submit the FAFSA?

What is every year? 

300

COA

What is the Cost of Attendance?

300

This type of financial aid does not have to be repaid and is based on financial need via the FAFSA.

What is a Grant?

400

Scholarships, Grants, Loans, and Savings.

What is how you pay for college?

400

The number of months you have as a "grace period" (after you stop attending school/ drop below half time) before you have to begin repayment of your Stafford loans.

What is 6 months?

400

2022-2023

What is the AID year the Class of 2022 will file? 

400

CSS Profile

What is the College Scholarship Search?

400
This type of financial aid is need-based, and must be earned by working a job.
What is Work Study?
500
You're generally considered a Dependent Student until you reach this age.
What is 24
500

The loan that select parents will qualify for?

What is Direct Plus Parent Loan?

500

Aid Year 2023-2024

Aid Year 2024-2025

Aid Year 2025-2026

What is the Aid Year the Class of 2023, 2024, and 2025 will apply to?

500

Electronic Signature for the FAFSA

What is the FSA ID?

500

1040 Taxes

1099/Earnings Statement 

Bank Statements 

Investments/Assets 

What are documents needed to file the FAFSA?