Scholarships
The most common type of federal financial aid worth $7395 in 2024-2025
What is a Pell Grant?
A standard application form accepted by colleges that are members of application association
What is the Common App?
UNC
What is University of North Carolina?
The amount of money charged to borrowers for use of loan proceeds.
What is interest?
money borrowed to help pay for higher education expenses,
What is a student loan?
A financial aid program in which students work part-time to earn money for educational expenses
What is work-study?
The list of applicants who may be admitted to a college if space becomes available.
What is waitlist?
The outstanding amount of the student loan.
What is principal?
academic, athletic, civic, and artistic
The FAFSA needs to be completed this often.
What is every year/annually?
When a college postpones the admissions decision on an Early Action or Early Decision application to the regular decision
What is deferment?
an online tool provided by colleges to help families estimate the actual cost of attending a specific institution after accounting for financial aid.
Net Price Calculator
The pursuit of academic opportunities in a foreign country
What is study abroad?
Money awarded on the basis of need or merit that the student is not obligated to repay.
What is a grant?
college admissions policy in which students apply to their #1 college by an early deadline and, if accepted, are legally obligated to withdraw all other applications and enroll at that institution
What is early decision?
preliminary version of a college admissions test that is also the qualifying exam for National Merit Scholarships
What is PSAT?
a type of scholarship given to students based on their personal achievements
merit
This is your legal signature on the FAFSA
What is your FSA ID?
college admission policy that allows applicants to apply and receive notice of their admission early. It's not binding.
What is early action?
SAI
What is Student Aid Index?
a composite score calculated by taking the average of your best section scores (English, Math, Reading, and Science) from all your ACT test attempts
What is superscore?