Which of the is NOT true about the college bound scholarship eligibility?

Students must graduate high school with a 3.0 GPA or higher

Which one of the following is NOT a basic FAFSA eligibility requirement?

Identify as a first-generation student

What is the difference between Subsidized and Unsubsidized student loans

Subsidized loans Do Not accrue interest while you are still a student.

Some colleges and universities utilize rolling admissions process whereby

Decisions are processed depending on when the application is submitted.

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Week 5 Mentor MES

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Answers

1
Which of the is NOT true about the college bound scholarship eligibility?
Students must graduate high school with a 3.0 GPA or higher
Be “income eligible” as determined by their college and their FAFSA/WASFA.
Students must have signed up for the scholarship by the end of 8th grade
Students must be a US citizen or eligible non-citizen.
2
Which one of the following is NOT a basic FAFSA eligibility requirement?
Identify as a first-generation student
Demonstrate financial need (for most programs)
Be a U.S. citizen or an eligible noncitizen
Maintain satisfactory academic progress in college
3
The FSA ID is the username and password used to sign in and serves as your legal signature to fill out the FAFSA.
False
True
4
Standardized test optional universities and colleges require all applicants to submit their SAT/ACT Test results
False
True
5
What is the difference between Subsidized and Unsubsidized student loans
Unsubsidized loans need to be paid back as soon as you graduate
You need a parental signature to receive unsubsidized loans
Subsidized loans Do Not accrue interest while you are still a student.
Subsidized loans accrue interest while you are still a student
6
Some 2-year colleges offer both Associates and Bachelors degrees
True
False
7
What website would you locate the WASFA application?
studentaid.gov
finaid.com
readysetgrad.org/WAFSA
fafsa.gov
8
Some colleges and universities utilize rolling admissions process whereby
Students sign a legally-binding contract to attend that specific college.
Decisions are processed depending on when the application is submitted.
Students are able to register for courses earlier
Admission decisions are sent once an academic year
9
The Seattle Promise Scholars are eligible for the following except
Undergraduate research support
Placement test preparation
Preparation for the transition to college
Support applying for financial aid and college applications
10
The 1040 and W2 Tax forms are needed by all students to fill out their FAFSA/WAFSA
False
True

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