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Duplicate of EY College MAP - Financial Aid Flashcards | StudBud
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Duplicate of EY College MAP - Financial Aid
Duplicate of EY College MAP - Financial Aid
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StudBud Administration
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Questions to ask students regarding financial aid for college/university.
Flashcards
28 cards
F
Practice quiz
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Host live
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Questions
28
Answers
1
What is your biggest fear about getting to college?
Figuring out how to pay for college
The application process
Grades and SATS
Deciding where to go
2
Only "rich" kids go to the "elite" schools
True
False
3
Employment of a student on campus to offset cost of education is
Scholarship
Loan
Grant
Work Study
4
What does EFC stand for?
Expected Feline Contribution
Expected Financial Contribution
Expected Fruit Contribution
Expected Family Contribution
5
The "net price" is the real price that a student pays to go to college.
True
False
6
PLUS loans are undergraduate loans students can apply for?
False
True
7
These awards are based on merit and awarded for academic, athletic, or extracurriculars
Work Study
Grants
Scholarships
Loan
8
What does FAFSA stand for?
Freeze Apples For Subatomic Apocalypse
Fairies Are Fun Silly Animals
Free Application for Federal Student Aid
Federal Aid For Students in America
9
Which of the following are "sneaky" college costs that all students have?
Transportation
Toiletries
Laundry
Cell phone
10
What type of loan is most beneficial to the borrower/student?
Unsubsidized
Subsidized
PLUS
Private
11
FAFSA awards are allocated on a ________________ basis.
Last in first out
First in first out
Fist come first serve
Average
12
Only students with the best grades qualify for financial aid
True
False
13
What percentage of students at a 4-year institution are receiving some form of financial aid?
60%
70%
85%
30%
14
Which of the following are "sneaky" college costs that all students have?
Dorm furnishings
Food in addition to meal plan
Entertainment
Prescription
15
Who is responsible for completing financial aid forms by the deadline?
Parents
Student (You!)
EY Mentor
University
16
Why should you go to college?
Stronger community
Greater security
Closer family
Better health
17
When do you have to pay back your loans?
6 months after you graduate
You wont pay them your parents will
1 year after you gradaute
Never
18
What does COA stand for?
Cost of Access
Cost of Applying
Cost of Anesthesia
Cost of Attendance
19
Private universities always end up being more expensive than public
False
True
20
These are borrowed funds that must be paid back incrementally after college
Scholarships
Loans
Grants
Work Study
21
What happens if you have a financial aid gap?
set up a payment plan
don't go to college
apply for an emergency loan
nothing
22
A college education is one of the best________________students can make for their futures.
parties
friends
mistakes
investments
23
Perkins loans are subsidized by the federal government?
False
True
24
When can students begin filling out the FAFSA?
November 15
January 1
October 1
April 23
25
To whom do you pay back the loans?
your counselor
your parents
the university you attended
federal program who lent you the money
26
This type of financial award is based on financial need and does not need to be paid back
Scholarship
Tuition
Loan
Grant
27
Who can students talk to if they have questions about the financial aid process?
Guidance Counselors
CFES Program Directors
College MAP Mentors
Admissions Representatives
28
Nobody cares if I go to college or not, I shouldn't care either.
False
True