FAFSA Flashcard

Front

Does Sophia need a High School Diploma to receive Financial Aid?

Back

Yes

Front

True or False: Scarlett's parent/guardian can use her FSA ID to submit any information for her FAFSA application.

Back

False

Front

Aiden is planning to attend college next year. Which of the following statements is TRUE about filing the FAFSA? a. You should file the FAFSA for each year you will be in school. b. You only need to file the FAFSA if you received a tax refund. c. You only need to file the FAFSA if your parent/guardian's financial situation has changed. d. You only need to file the FAFSA if your financial situation has changed.

Back

You should file the FAFSA for each year you will be in school.

Front

Abigail has just submitted her FAFSA application. What information will her FAFSA Submission Summary include?

Back

Student Aid Index (SAI), Expected Family Contribution (EFC), Financial aid eligibility.

Front

Ava has just submitted her FAFSA application. How long will it take for her to receive her FAFSA Submission Summary?

Back

1-2 weeks

Front

Emma is considering applying for college but is worried about the cost. What is a major advantage of receiving Financial Aid?

Back

It can make education more accessible.

Front

What can you tell Isla about the difference between her SAI and the amount she will likely pay for college?

Back

The SAI represents the maximum amount her family is expected to contribute, but the actual amount may be lower depending on the college's financial aid policies.

Front

What role does the FAFSA play in determining Grace's eligibility for financial aid?

Back

It determines the eligibility of current and prospective college students for financial aid.

Front

When does the FAFSA become available for the following year and when is the best time for Emma to submit it?

Back

It becomes available in October and the best time to submit it is as soon as possible.

Front

Mia is filling out her FAFSA, which stands for Free __________ for Federal Student Aid, to apply for college financial aid.

Back

Application