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Alucard and gavin college prep Flashcards | StudBud

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Alucard and gavin college prep

12 terms·StudBud Administration·1 play

Test your knowledge on different types of financial aid available for students, including scholarships, grants, and applications processes.

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Questions 12

Answers

1
What is the maximum Federal Pell Grant amount?
$10,000
$7,395
$3,500
$5,000
2
What is the first step to apply for aid?
Contact the school
Complete FAFSA
Submit a scholarship essay
Attend a workshop
3
What is needed for TAP application?
FAFSA and TAP application
No application needed
Only FAFSA
Only TAP application
4
What does TAP stand for?
Total Aid Program
Teaching Assistance Program
Tuition Aid Program
Tuition Assistance Program
5
What is the purpose of FAFSA?
To apply for loans
To apply for financial aid
To get scholarships
To register for classes
6
What is a merit-based scholarship?
Based on community service
Based on random selection
Based on academic talent
Based on family income
7
What is the main benefit of grants?
They do not need repayment
They are only for sports
They are always small amounts
They must be repaid
8
What is the TAP Grant maximum amount?
$3,000
$4,000
$7,000
$5,665
9
What is the range of merit-based scholarships?
$50 to $5,000
$100 to $1,000
$1,000 to $10,000
$500 to $50,000
10
Who can apply for Excelsior Award?
Families with multiple children
Any family income level
Only low-income families
Families earning under $125,000
11
Who provides the Federal Pell Grant?
Department of Education
State government
Schools directly
Private organizations
12
What type of aid is Excelsior Award?
Only merit-based
Only need-based
Need-based and merit-based
Merit-based only