Types of Financial Aid
Financial Aid Fundamentals
College Terms
College Knowledge
Misc.
100
Low interest financial assistance that must be repaid to the lender.
What are student loans?
100
FAFSA- Free Application For Student Aid
What is the form used to collect information about family income and assets, and to determine how much federal and state financial support an individual is eligible to receive?
100
A college course that is required to be completed before a student may enroll in a higher level class
What is a prerequisite?
100
Individuals with only a high school diploma are about twice as likely to be unemployed as those with a college degree
What is the affect a college degree has on your chance of being unemployed?
100
Always!
What is the time you should bring a resume to a job interview?
200
A sum of money that does NOT have to be repaid, and is generally awarded based on need.
What is a grant?
200
Tuition, books, fees, supplies and transportation?
What is figured in to the cost of college attendance?
200
The cost of attending a higher institution (college)
What is tuition?
200
It is used by community colleges to determine if a student will be placed in college level courses
What is a college placement test (in Ct it is typically the Accuplacer)?
200
Any type of education (higher or continuing) after high school
What does "post-secondary education" refer to?
300
A sum of money that does not have to be repaid, and is generally based on merit.
What is a scholarship?
300
The EFC is subtracted from "cost of attendance" to determine financial aid eligibility.
What is the 'expected family contribution" (EFC) on the FAFSA?
300
12 credits or 3-4 classes
What is considered full-time enrollment per semester in college?
300
TRIO programs. CONNTAC is an example.
What is the name of the federally funded programs used to support low income, first generation college students?
300
Non-credit (certificate or training program) education
What does "continuing education" refer to?
400
Need based financial assistance in the form of employment guaranteed on campus (earned income). Example: Lynn's mouse job :)
What is Federal Work-Study?
400
January through March.
What is the time frame when most financial aid forms are completed?
400
A student that has declared a major
What is a matriculated student?
400
The form used to collect information about family income and assets, and to determine how much federal and state financial support an individual is eligible to receive
What is the FAFSA? Free Application for Federal Student Aid
400
1) Family Responsibilities 2) Cost 3) Grades 4) Lack of support
What are the 4 commonly used reasons that students do not attend college after high school?
500
Both full-time and part-time college students.
Who is eligible for financial aid?
500
The place to go to for help with financial aid for college
What is the College & Career Center?
500
A 2 or 4 year institution (college)
What does "higher education" refer to?
500
2 years or 60 credits
What is the number of years or credits of a typical Associate's Degree?
500
Any student interested in receiving a scholarship for post-secondary school is eligible to apply for a scholarship. Scholarships are available in guidance and must be completed by mid-May.
What is j MAE have scholarships available to Middlesex Community College and other colleges/universities?