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ORIENTATION (Financial Aid) Flashcards | StudBud
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ORIENTATION (Financial Aid)
ORIENTATION (Financial Aid)
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1
What is Financial Aid?
form about financial information of the student and family
direct and indirect costs combined into cost of attendance
funds to students to help pay for postsecondary educational expenses
Scholarships
2
Information used to calculate the Expected Family Contribution or EFC, comes from the
ASAP
FAFSA
COA
SEOG
3
Learning how to manage money: credit, investments, savings/spending, budgeting/debt, retirement/bills, college, etc. is
Foundation scholarship
Financial aid
Financial literacy
WIOA
4
The website for FAFSA on the web is
www.fafsa.edu
www.fafsa.gov
www.fasfsaforms.edu
www.fafsa.com
5
Pell Grant Lifetime Eligibility Limit is
12 semesters
20 semesters
1 year
2 years
6
All of these are requirements for Foundation Scholarships except
2.0 GPA
Full-time (12 semester hours)
Complete FAFSA
Letter of Recommendation
7
This is comprised of a username and password and can be used to login to certain Federal Student Aid websites
FSA ID
COA
FAFSA
Gov Net
8
All of these are the names of the presenters, except
Aileen Clayton
Mrs. Peggy Hill
Ms. Christina SPECTRACARE
Tiffiny Morelli & Jennifer Grant
9
Money that does not have to be paid back & is awarded on the basis of merit, skill, or unique characteristic is
VA/G.I. Bill
Pell Grant
Scholarships
FAFSA
10
All are types of financial aid except
Money from parents
Scholarships
Loan
Pell Grant
