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AVID Financial Aid and Academic Vocab Flashcards | StudBud
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AVID Financial Aid and Academic Vocab
AVID Financial Aid and Academic Vocab
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Questions
25
Answers
1
What is the application you fill out after January 1 of your senior year?
EFC
FAFSA
SAR
ACT
2
Money you receive that you don't have to pay back
EFC
Gift Aid
Cash you took from your mom's wallet
Loans
3
A form that tells you if you are eligible for grants
Stafford Loan
SAR
FAFSA
Parent Plus Loan
4
This tells you how much financial aid you get and how much you are expected to pay for college
Need Analysis
Work STudy
Award Letter
SAR
5
When a college doesn't have an application deadline
Rolling Admissions
Regular Decision
Early Decision
Open Admission
6
How much it costs to go to college
Cost of Attendance
Cost of Living
Cost of Aid
Cost of Loan
7
Money that is awarded based on your financial circumstance
Farm Aid
Rite-Aid
Merit based financial aid
Needs based financial aid
8
This includes Stafford Loan and Parent PLUS Loans
Financial Aid Package
Work Study
FAFSA
Federal Direct Student Loan Program
9
Your natural talent
skill
aptitude
ability
interest
10
When you get a job through the financial aid office to help pay for college
Work Ability
Work Study
Starbucks Scholarship
Job skills
11
What most people get when they finish college
Bachelor's Degree
Turnt
A Car
Master's Degree
12
The thing you study in college
Major
Degree
Diploma
Courseload
13
Money awarded based on skills academics, talents, etc.
Needs based financial aid
Financial Aid Package
Gift Aid
Merit Based Aid
14
When you apply early and agree by contract to go to that school if you get accepted
Early Decision
Early Action
Regular Decision
Expected Family Contribution
15
What happens if you don't pay back your loans?
You earn interest on your loans
Your car gets repossessed
You default on your loan and ruin your credit
Scary people keep phoning your house and threatening you
16
How your GPA compares to your fellow students
10-12 GPA
EFC
Weighted Grades
Class Rank
17
This can be based on merit or need and does not have to be paid back
Grants
Loans
FAFSA
Interest
18
The amount of money the government says you and your family can afford to pay for college
SAT
FAFSA
EFC
WTF
19
This is the total amount of financial aid you receive
Federal Direct Student Loan
Financial Need
Financial Aid Package
Cost of Attendance
20
This must be completed to determine how eligible you are for financial aid
Award Letter
Financial Need
FAFSA
SAR
21
When you take away your EFC from your Cost of Attendance, you get this.
Financial Package
Financial Aid
EFC
Financial Need
22
The standardized method of applying to most colleges
College Entrance Exam
ACT
SAT
Common App
23
What do you call postponing your college enrollment?
Deferred Gratification
Deferral
Deferred Degree
Deferred Admission
24
What you get when you graduate from high school
Diploma
Credits
Major
Degree
25
What are the fees paid when you borrow money based on the percentage of the original loan?
Loans
Gift Aid
Financial Aid
Interest