Vocabulary
This type of financial aid is usually need-based and does not have to be paid back.
Grant
What does FAFSA stands for?
Free Application for Federal Student Aid
True or False? When speaking to someone who wants to hire you, you should belittle the job they're offering and say "its not good enough."
False
Beliefs and ideas you live by, what you believe are important
True or False? When applying for scholarships, you should apply to as many as apply to you.
True! You could get all scholarships you apply for, be specific and don't be shy!
What is a Work-Study position?
This type of financial aid is usually need-based where students find a job on campus to help them pay for college
FAFSA and S_________ A___________ are two ways to get free money for college.
Scholarship Applications
What should the subject line of any email you write contain?
A short summary of what you're discussing. NOT "Subject Line".
What are job specific skills?
Skills necessary to do a specific job.
How long do most programs take to pay back your student loans?
10 years
What is a Federal Student Loan?
Loans funded by the federal government.
True or False? The sooner I apply for FAFSA my junior/senior year, the bigger chance I have to get more money
True! Sooner = more money
Split the work up to other people so everyone has something to work on
What is Self-Awareness?
Knowing your thoughts, feelings and actions
Loan Award letters tell you about what?
They explain the combination of money a college is offering you
What scholarship is often offered by all 3 schools in Decatur county that students are required to write an essay for?
The Lilly
True or False? To apply for the FAFSA, your parents need to be making less than $85,000 a year.
FALSE! There is no requirement to apply.
True of False? When helping someone, you should do your best to help without doing the task for them.
True. Being helpful isn't doing all the work!
Shows people interest, builds relationships, etc.
What is a promissory note?
A document you have to sign when you say "yes" to a loan
What type of loan does not gain interest while the student is enrolled in college, but you do have to pay back?
Subsidized Loan
What is the difference between a Federal loan and a Private loan
Private loans come from banks and private companies. Federal loans come from the government.
True or False? Making eye contact with conversations helps people feel like you're interested
True!
Define Aptitude
The potential for learning a skill.
Your student loan debt should not exceed what amount after graduation?
More than your first-year salary.