If I need help with Financial Aid, I can contact

The college admissions rep, Betsy, The Financial Aid office at the college, The FAFSA Support line

The college will give you a job so you can earn spending money

What do you need to file your FAFSA?

Your parents and your tax forms

Which is true about the FAFSA?

There is no cost to file the FAFSA.

What does FAFSA stand for?

Free Application for Federal Student Aid

Which is true about the SAI?

It's how much you & family are expected to pay for college.

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Financial Aid 101

12 termsStudBud Administration184 plays

A game designed to learn about financial aid terms

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Questions 12

Answers

1
Which of the following are NOT considered in Merit-based awards?
Grades
Skill or talent
Financial situation
Test scores
2
I should look for scholarships in the following locations except
At the end of the rainbow
In my local community
National organizations
In my state
3
If I need help with Financial Aid, I can contact
The college admissions rep
Betsy
The Financial Aid office at the college
The FAFSA Support line
4
What does SAI stand for?
Social Aid Iambic
Student Imagine Award
Student Aid Index
Stupid annoying irritant
5
Work Study means...
The college will give you a job that is applied to your loans
The college will give you a job so you will be more attractive to others
The college will give you a job to pay for your meals
The college will give you a job so you can earn spending money
6
When looking at a financial aid award letter, which types of aid would you have to pay back?
Merit Scholarship
Federal Work Study
Federal Pell Grant
Perkins Loan
7
What do you need to file your FAFSA?
Your tax forms
Your parents pay stubs
Your high school ID number
Your parents and your tax forms
8
Which is true about the FAFSA?
Your parents must earn below a set amount of money.
You submit the FAFSA 1 time in your college career.
You need to file at the start of every semester.
There is no cost to file the FAFSA.
9
What is need-based financial aid based on?
Students ability to pay
How much the college wants you
Families ability to pay
How often you go on vacation
10
What does FAFSA stand for?
Federal Assistance for Free Student Aid
Faculty Aid for Fearless Awesome Students
Free Application for Federal Student Aid
Free Admission Federal Student Assistance
11
All of the following are included in the cost of attendance (COA) EXCEPT:
Room and Board
Scholarships and Grants
Textbooks and School Supplies
Tuition
12
Which is true about the SAI?
It's another term for net price.
It's the cost of filing the FAFSA.
It's how much your parents must contribute to college.
It's how much you & family are expected to pay for college.

Financial Aid 101 Flashcards | StudBud