Financial Aid
What are the four main types of financial aid available to students?
Grants, Scholarships, Loans, and Work-Study
What does “cost of attendance” include on an award letter?
Tuition, housing, books, fees, and personal expenses.
What are “reach,” “match,” and “safety” schools?
Reach = hard to get in, Match = fits your profile, Safety = high acceptance odds.
What’s the role of a personal essay in college admissions?
Shows personality, goals, and fit for the school.
What’s the difference between an associate’s and a bachelor’s degree?
Associate = 2 years, Bachelor’s = 4 years.
Why is submitting the FAFS early important?
Some aid is first-come, first-served, so pplying early increases eligibility.
Why might a “cheaper” college not be the most affordable?
It may offer less free aid and more loans.
What factors besides GPA do colleges consider?
Essays, extracurriculars, recommendations, leadership, and background.
How has technology changed the admissions process?
Online applications, digital portfolios, and social media screening.
What is a college major?
The main field of study a student focuses on.
What is the FAFSA used for, and who should complete it?
It determines eligibility for federal and state aid; all college-bound students should complete it.
What’s the difference between gift aid and self-help aid?
Gift aid is free (grants/scholarships); self-help aid must be earned or repaid.
What does it mean if you’re waitlisted?
The school may offer you a spot later if space opens up.
Why is it important to review deadlines for applications and financial aid?
Missing one can disqualify you from admission or funding.
Why do college credits matter?
They measure progress toward graduation and degree completion.
How can understanding the difference between grants and loans help a student plan better?
Grants don’t need to be repaid; loans do. Knowing this helps manage debt.
What should you do if your award letter doesn’t meet your financial needs?
Contact financial aid office to appeal or update information.
Why do colleges send different types of acceptance letters?
To communicate scholarships, honors programs, or special deadlines.
What is “rolling admission”?
Colleges review applications as they arrive and send decisions continuously.
What’s the benefit of declaring a minor?
It allows you to explore a secondary interest or skill set.
What are two common mistakes students make with financial aid?
Missing deadlines and misunderstanding loan repayment terms.
How can comparing multiple award letters help your decision?
You can find the best total value—not just the biggest award.
What’s a good next step after receiving multiple acceptances?
Compare financial aid, visit campuses, and confirm by May 1st.
Why is visiting a campus helpful before deciding?
It gives insight into the environment, community, and academic fit.
What factors should students consider before choosing a major?
Interests, strengths, job outlook, and future goals.