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EY College MAP - Financial Aid Flashcards | StudBud
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EY College MAP - Financial Aid
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
25 cards
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Practice quiz
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Questions
25
Answers
1
What percentage of students at a 4-year institution are receiving some form of financial aid?
30%
70%
60%
85%
2
Who can students talk to if they have questions about the financial aid process?
College MAP Mentors
Admissions Representatives
Guidance Counselors
CFES Program Directors
3
What does COA stand for?
Cost of Anesthesia
Cost of Applying
Cost of Access
Cost of Attendance
4
PLUS loans are undergraduate loans students can apply for?
True
False
5
Which of the following are "sneaky" college costs that all students have?
Cell phone
Transportation
Laundry
Toiletries
6
Only "rich" kids go to the "elite" schools
False
True
7
This type of financial award is based on financial need and does not need to be paid back
Loan
Tuition
Grant
Scholarship
8
These are borrowed funds that must be paid back incrementally after college
Scholarships
Work Study
Grants
Loans
9
Nobody cares if I go to college or not, I shouldn't care either.
False
True
10
FAFSA awards are allocated on a ________________ basis.
Last in first out
First in first out
Fist come first serve
Average
11
Why should you go to college?
Greater security
Closer family
Better health
Stronger community
12
Who is responsible for completing financial aid forms by the deadline?
Student (You!)
University
Parents
EY Mentor
13
When can students begin filling out the FAFSA?
October 1
November 15
April 23
January 1
14
Employment of a student on campus to offset cost of education is
Loan
Grant
Work Study
Scholarship
15
What is your biggest fear about getting to college?
Deciding where to go
The application process
Grades and SATS
Figuring out how to pay for college
16
The "net price" is the real price that a student pays to go to college.
False
True
17
What does EFC stand for?
Expected Fruit Contribution
Expected Financial Contribution
Expected Feline Contribution
Expected Family Contribution
18
What type of loan is most beneficial to the borrower/student?
PLUS
Private
Subsidized
Unsubsidized
19
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
20
Private universities always end up being more expensive than public
True
False
21
Perkins loans are subsidized by the federal government?
True
False
22
These awards are based on merit and awarded for academic, athletic, or extracurriculars
Loan
Grants
Work Study
Scholarships
23
Only students with the best grades qualify for financial aid
True
False
24
Which of the following are "sneaky" college costs that all students have?
Dorm furnishings
Prescription
Food in addition to meal plan
Entertainment
25
A college education is one of the best________________students can make for their futures.
investments
parties
mistakes
friends
