FINANCIAL TERMS
INSTITUTIONAL AID
GRANTS & SCHOLARSHIPS
TRIVIA
1000

AN APPLICATION THAT IS COMPLETED AND SUBMITTED TO THE FEDERAL GOVERNMENT TO DETERMINE IF A STUDENT IS ELGIBLE FOR FUNDS TO HELP PAY FOR SCHOOL (state complete name)

WHAT IS FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA)

1000

THIS TYPE OF FINANCIAL AID IS AWARDED TO STUDENT DIRECTLY FROM THE COLLEGE/ UNIVERSITY

WHAT IS INSTITUTIONAL AID?

1000

THIS TYPE OF FINANCIAL AID IS BASED ON NEED, AND DOES NOT HAVE TO BE REPAID

WHAT ARE GRANTS?

1000

THIS TYPE OF LOAN ACCUMULATES INTEREST WHILE THE STUDENT IS STILL ATTENDING COLLEGE.

WHAT IS AN UNSUBSIDIZED LOAN?

2000

A DOCUMENT DETAILING ALL OF THE VARIOUS AID AWARDED TO A STUDENT

WHAT IS A FINANCIAL AID AWARD LETTER?

2000

THIS TYPE OF FINANCIAL AID CAN BE AWARDED BY LOCAL CIVIC GROUPS, COMMUNITY ORGANIZATIONS AND LOCAL COMPANIES.

WHAT IS A PRIVATE SCHOLARSHIP?

2000

THIS SCHOLARSHIP IS AWARDED TO GEORGIA STUDENTS WHO HAVE A MINIMUM CORE GPA OF 3.0 AND CAN ONLY BE USED FOR A GEORGIA INSTITUTION

WHAT IS THE HOPE SCHOLARSHIP?

2000

NAME THE 5 LEVELS OF THE RESEARCH PYRAMID

WHAT IS

YOUR INTENDED SCHOOL,

YOUR AFFILIATIONS/SPECIAL CONDITIONS,

YOUR PARENTS AFFILIATIONS/SPECIAL CONDITIONS,

YOUR COMMUNITY/STATE ORGANIZATIONS, AND

NATIONAL ORGANIZTIONS

3000

This is the remaining balance for your cost of attendance, after all possible financial aid has been applied.

WHAT IS FINANCIAL AID GAP?

3000

An opportunity to get an on-campus job and earn money towards her cost of attendance.

WHAT IS WORK STUDY?

3000

THIS SCHOLARSHIP PROVIDES FULL TUITION TO GEORGIA RESIDENTS WHO HAVE A 3.7 OR GREATER GPA AND A SCORE OF AT LEAST A 1,200 READING AND MATH SCORE ON THE SAT OR AN ACT COMPOSITE SCORE OF 26

WHAT IS THE ZELL MILLER SCHOLARSHIP?

3000

THESE ARE  4 TYPES OF FINANCIAL AID AVAILABLE FOR STUDENTS TO PAY FOR COLLEGE, OUTSIDE OF PRIVATE MONEY.

WHAT ARE SCHOLARSHIPS, GRANTS, LOANS  AND FEDERAL WORK-STUDY?

4000

AFTER SUBMITTING HER COMPLETED FAFSA, KATRINA HAD AN EXPECTED FAMILY CONTRIBUTION OF $0.  WHAT IS SHE ELIGIBLE TO RECEIVE FROM THE FEDERAL GOVERNMENT (INCLUDE NAME AND AMOUNT)

Maximum Pell Grant ($7395)

4000

THIS CATEGORY OF THE COST OF ATTENDANCE WOULD BE IMPACTED IF ELIJAH DECIDED TO LIVE OFF CAMPUS.

WHAT IS ROOM &BOARD?

4000

THIS TYPE OF FINANCIAL AID HAS TO BE PAID BACK AFTER GRADUATION.

WHAT IS A LOAN?

4000

THIS SCHOLARSHIP WEBSITE IS A USEFUL RESOURCE TO IDENTIFY PRIVATE SCHOLARSHIPS.

What is Scholarship.com, Fastweb, College Board, GAFUTURES

5000

THE COST OF ATTENDANCE IS MADE UP OF THESE 4 COMPONENTS

WHAT IS TUITION, ROOM & BOARD, BOOKS & SUPPLIES, OTHER EXPENSES?

5000

THIS MONEY IS AWARDED TO A STUDENT BASED ON THEIR ACADEMIC ACHIEVEMENTS.

WHAT IS A MERIT-BASED SCHOLARSHIP?

5000

FILL IN THE BLANK

TERESA HAS BEEN AWARDED ___ ____ PLACEMENT AT HER SCHOOL  WHERE SHE WILL HAVE AN OPPORTUNITY TO GET AN ON-CAMPUS JOB AND EARN MONEY TOWARDS HER COST OF ATTENDANCE.

WHAT IS WORK STUDY?

5000

THIS DOCUMENT CAN BE SUBMITTED TO THE FINANCIAL AID OFFICE TO REQUEST MORE MONEY TO FUND YOUR EDUCATION.

WHAT IS A FINANCIAL AID APPEAL LETTER?