FAFSA
Who is a contributor/ what do they do?
Parent/Guardian who has access to familial finances and can consent to government looking at tax returns.
When do you usually apply for scholarships?
End of Junior year and summer prior to Senior year.
What’s a resource that can be used to calculate accumulated amount of student debt?
A student debt calculator.
Do on-campus or off-campus jobs generally have a lower commute time?
Off Campus
What does FAFSA stand for?
Free Application For Federal Student Aid
Where can you find scholarships?
Collegeboard (Online)
Through a counselor/school or employer
Parents Employers
Local Organizations
What is the difference between a subsidized loan and a unsubsidized loan?
The government pays for the interest for subsidized.
Why might supervisors for on-campus jobs be more lenient with your hours?
They are generally professors and understand the academic stress you may face
What documents could you need for your application? (Name at least 2)
How do scholarships help out upcoming college students?
Scholarships help students to pay for tuition, school supplies, and room and boards. They are rewards for a student’s education and achievements.
What are the 4 different types of loans we talked about?
Why are there generally fewer openings for on-campus jobs?
Lots of students are applying for a limited number of positions/ later application is a disadvantage
What is considered "recordable assets" by the FAFSA?
Cash
Checking or Savings Account
Businesses or Farms
Stocks
Real Estate (other than home you currently live in)
What do you need to do before you apply for a scholarship?
Make sure you meet the requirements that the scholarship is looking for (GPA, extracurricular, intended major, etc)
What are private student loans?
They are loans that are offered by orgs, like banks or credit unions.
What on-campus job may offer housing and/or meal plan coverage?
Resident assistant (RA).