Senior College Transition Review- March

From the list below, which of the financial aid types below reflects "free money" (Select all that apply)

• Loans

• Workstudy

• Scholarships

• Grants

What types of loans are offered TO STUDENTS at the undergrad (bachelor) level? (Select all that apply)

• Direct Subsidized

• Direct Unsubsidized

• Direct PLUS

• Direct Consolidated

__________________ term referring to the costs of housing and food.

• grant

• Pell grant

• Supplemental Education Opportunity

• room and board

_________________________ program which shows students how to manage student loans.

• federal student loan
• Loan Entrance Counseling
• subsidized loan
• unsubsidized loan

________________________________ legally binding loan contract in which a student agrees to pay back the loan and agrees to all terms and conditions included.

• master promissory note
• FAFSA
• Subsidized loan
• Unsubsidized loan

_________________________ loan which does not accrue interest while in school or during a 6 month deferment period after graduation

• unsubsidized loan
• FAFSA
• subsidized loan
• expected family contribution

_________________________ loan which accrues interest from the time it is borrowed, including while the borrower is in school

• subsidized loan
• unsubsidized loan
• FAFSA
• Profile application

Which student loan is the better to have because it does NOT accrue interest while you are in school?

• Direct Unsubsidized

• Direct Subsidized

What is one of the most important things you can do to keep up with FAFSA responsibilities AFTER you've applied for Financial Aid?

• Check your email

• Choose Check your Email

• For real, choose check your email

• This is not a trick, choose check your email

What two things MUST be completed in order to receive your Financial aid?

• Master Promissory Note and Shopping

• Master Promissory Note and Financial Planning Course

• Master Promissory Note and Loan/Borrowing Online Course

• None of the above