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Financial Aid
Financial Aid
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#Financial Aid
Flashcards
26 cards
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Questions
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Answers
1
Which federal student loan accumulates(adds up) the interest while you are in school?
nobody
unwilling
unsubsidized only
Unsubsidized or I can choose to pay interest while in school
2
Student must agree to teach for 4 years in a high-need field that serves low-income families is
Free Money
Federal Grant
Subsidized Loan
TEACH Grant
3
How much does it cost to apply & submit your FASFA application?
$25.00
It's free! Hellooooooooooo
$1,000,000,000,000.01
$199.00
4
What does SAR stand for?
Student Aid Report
Sacrifice Academic Readiness
Doesn't stand for anything!
Student Assistance Report
5
Does the amount of FASFA I qualify for depend on how many classes I am taking?
No
Yes
6
Here at JEHS, you have trained staff to assist you with your Financial Aid .. Where is it?
RM 123
RM 205
RM 155
Front Office
7
What is the name of the Financial Aid Website?
FASSA
YOUTUBE
FUNTIME
FASFA
8
Before you apply, get an estimate of how much aid you could get at
StudentAid.gov/fafsa/fasfa id
StudentAid.gov/fafsa/estimate
Student.gov/fafsa
www.google.com
9
U.S. Department of Education provides more than ________ in student aid each year.
$150
$150 billion
$150,000
$26.00
10
What is the purpose of having an FSA ID?
just for fun
To electronically sign your FASFA documents
to access your money
To electronically sign your school admissions letter
11
EFC stands for
Eggs
Expected Free Contribution
Expected Family Contribution
Expected Family Career
12
What does FASFA stand for?
Final Application for Student Federal Aid
Free Application for Student Federal Aid
Free Application for Student Final Assistance
Free App for Student Fun Aid
13
Contact FASFA anytime at
1-800-HELP
1-800-4-FEDERAL
911
1-800-4-FED-AID
14
Federal Work study is...
you work full time
you work at your Campus, usually in your field of study
free money
for everybody who applies
15
What are the two most common student loan options?
No loans available.
Subsummarized and Unsubsidized loans
Subsidized and Unsubsidized loans
Submarine and Unsumarine loans
16
Federal Work-Study: Money is earned through a job and doesn’t have to be repaid.
False
True
17
Academic Scholarships,Average Academic Performance Scholarships etc. are types of ....
money you pay back
scholarships
awards
for anybody
18
What does your FSA ID stand for?
Free Student Aid Personal Identification
Federal Sizer Aid Personal Identification
Federal Student Aid Personal Identification
Federal Student Aid Personal Pizza
19
Which federal student loan pays the interest while you are in school at least part time?
Nobody will pay my interest.
suibmarine loans
subsidized loans
unsubsidized loans
20
Does the amount of FASFA I qualify for go higher depending on my grade classification?
No
Yes
21
Who is responsible for dispersment of my Financial Aid funds?
The city
The government
The College/University I am attending
FASFA
22
Can I accept more than one Student Loan option?
No
Yes
23
The parent/guardian died as a result of military service in after the events of 9/11 is..
Military Grant
The Iraq and Afghanistan Service Grant
Military Free Money
Military Enrollment required
24
One of the smartest tips when utilizing school loans is..
Only borrow what you need and you can afford to pay back
Get a little extra to use just in case
Get enough to pay for your girlfriend/boyfriend's bills
Use it all!
25
The Federal Aid Deadline for the 2018 - 2019 academic year is
June 30, 2009
June 30, 2018
June 30, 2017
June 30, 2019
26
Federal Grants are
unlimited money amounts
money you have to pay back
never available
money you do not have to pay back
