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The Financial Aid Process Flashcards | StudBud
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The Financial Aid Process
The Financial Aid Process
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Questions
13
Answers
1
Private nonprofit schools on average cost $9,965
True
False
2
FAFSA stands for Free Application for _________ ________ Aid.
Federal Student
Financial Status
Financial Student
Family Status
3
My family can't afford to send me to college, so I will not get any financial aid.
False
True
4
Work-study is a part-time job through your college obtained through financial aid.
True
False
5
When do you apply for federal financial aid (FAFSA) in high school?
Senior year
Freshmen year
Junior year
Sophomore year
6
Grants, scholarships, and loans are all forms of _______ _______.
free money
financial aid
pell grants
college classes
7
Grants and scholarships both need to be repaid.
False
True
8
A ________ is money used for college that must be paid back.
Dorm
Grant
Student Loan
Scholarship
9
What is an example of a merit-based scholarship
playing the flute well
doing well academically
being a leader in a club
all of the above
10
The form to complete to receive federal and state financial aid is called the FAFSA.
True
False
11
The money you pay to attend college is __________.
admissions
loan
grant
tuition
12
What are some ways to build scholarship applications?
Community service involvement
Extracurricular involvement
All of the above
Leadership roles
13
When should I be completing scholarship applications?
Both before and after HS graduation
Anytime after HS graduation
Anytime before HS graduation
Never
