Start Your College Journey - Day 1 Re-Cap

Front

Fill in the blank: One of the four pillars of college fit is to evaluate financial fit regarding ________ and aid.

Back

tuition

Front

Differentiate between Grants, Scholarships, and Loans. Grants and scholarships are types of financial aid that do not need to be repaid, while loans must be repaid with interest.

Back

True

Front

What is the difference between Net Price and Sticker Price in financial aid strategies?

Back

Net Price is the actual cost a student pays after financial aid, while Sticker Price is the published cost before aid.

Front

Which of the following is NOT a financial aid tool mentioned? FAFSA Forecaster, CSS Profile, SAT Practice, CFNC

Back

SAT Practice

Front

What is merit-based aid awarded for? Options: Financial need, Academic achievement, Athletic ability, Community service

Back

Academic achievement

Front

Need-based aid is provided based on _________.

Back

financial need level

Front

Students can receive both merit-based and need-based aid for study.

Back

True

Front

Which application qualifies students for federal need-based financial aid? Options: SAT, FAFSA, ACT, Common App

Back

FAFSA

Front

Merit scholarships are based on ________ and performance.

Back

application

Front

According to the instructions, where should you go to start the FAFSA process?

Back

StudentAid.gov