Paying for college: next gen review

You are an education major, and part of your financial aid money is the money you earn as a tutor.

• scholarship

• grant

• work study

• loan

Which type of financial aid is free money; financial aid that doesn't have to be repaid or earned.

• Grant

• Work-Study

• Student Loan

Part-time jobs for students with financial need, allowing them to earn money to help pay education expenses.

• Student Loans

• Work-Study

• Grants

Household size includes YOU, parent(s), sibling(s), & other people(s) if your parent(s) support them financially by 50% or more.

• True

• False

What is the first step for getting financial aid for college?

• Fill out the college application

• Fill out the FAFSA

• Call the financial aid office of the college

• Do nothing - wait for the government to throw you money

What are 3 things that the FAFSA determines your eligibility for?

• admission, loans, scholarships,

• loans, scholarships, grants

• admission, programs, certificates

• diploma, certificate, admission

What kind of financial information does the FAFSA require?

• parent's tax records if you are independent

• your tax records as well as your parents if you are their dependent

What is the summary of your financial aid information with you EFC called?

• FAFSA package

• Student financial Report

• Financial Aid package

• Student Aid Report (SAR)

______________ is money charged for teaching and instruction provided by a school.

• fee
• tuition
• self-help aid
• grant

__________________ term referring to the costs of housing and food.

• grant

• Pell grant

• Supplemental Education Opportunity

• room and board