EYCD EY College MAP - Financial Aid

Question 1

Only students with the best grades qualify for financial aid

Accepted Answer

False

Question 2

What does FAFSA stand for?

Accepted Answer

Free Application for Federal Student Aid

Question 3

FAFSA awards are allocated on a ________________ basis.

Accepted Answer

First come first serve

Question 4

These are borrowed funds that must be paid back incrementally after college

Accepted Answer

Loans

Question 5

These awards are based on merit and awarded for academic, athletic, or extracurriculars

Accepted Answer

Scholarships

Question 6

Who is responsible for completing financial aid forms by the deadline?

Accepted Answer

Student (You!)

Question 7

Employment of a student on campus to offset cost of education is

Accepted Answer

Work Study

Question 8

Perkins loans are subsidized by the federal government?

Accepted Answer

True

Question 9

What percentage of students at a 4-year institution are receiving some form of financial aid?

Accepted Answer

85%

Question 10

This type of financial award is based on financial need and does not need to be paid back

Accepted Answer

Grant

Question 11

What is your biggest fear about getting to college?

Accepted Answer

Deciding where to go, The application process, Figuring out how to pay for college, Grades and SATS

Question 12

Who can students talk to if they have questions about the financial aid process?

Accepted Answer

Admissions Representatives, College MAP Mentors, Guidance Counselors, CFES Program Directors

Question 13

What type of loan is most beneficial to the borrower/student?

Accepted Answer

Subsidized

Question 14

A college education is one of the best________________students can make for their futures.

Accepted Answer

investments

Question 15

Private universities always end up being more expensive than public

Accepted Answer

False

Questions 15