6.7 Paying for Higher Education

Front

___ times as many students drop out of degree and certificate programs due to finances and debt than grades.

Back

8

Front

Mrs. Donahue graduated from College in

Back

1984

Front

Money awarded to students that does not have to be repaid and is based on academic or other achievements.

Back

Scholarship

Front

Failure to pay a loan according to the agreed upon terms.

Back

Loan default

Front

Financial aid that may be given for many purposes, not necessarily just for education. Does not have to be repaid.

Back

Grant

Front

You should never have to pay for a scholarship.

Back

True

Front

You only have to complete the FAFSA application once for the entire time you are in school.

Back

False

Front

All federal student loans have the same interest rates.

Back

False

Front

Private loans often have lower interest rates than federal loans

Back

False

Front

SAI stands for

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Student Aid Index