Financial Aid

Who should NOT apply for financial aid?

• All students should apply for financial aid

• A. Students who will attend college part-time

• Students whose annual family income is over $100,000

• Students who will attend community college

Which of the following is typically the largest expense at most colleges?

• Housing

• Books

• food

• Tuition

Which type of financial aid may be awarded for accomplishments such as academic achievement or athletic performance?

• Grants

• Scholarships

• Work-study

• loans

Which type of expense is the first to be covered by financial aid?

• General living expenses

• room and board

• tuition and fees

• books and supplies

Money charged for services provided in college

• giftaid

• financial aid

• tuition

• grants

Term referring to the costs of housing and food

• books

• tuition

• parking fees

• room and board

Sum of money given by an organization for a particular purpose (often education)

• grant

• financial aid

• self help aid

• pay check

Sum of money intended to support a student’s education and awarded to the student based on achievement

• self help aid

• pell grant

• scholarship

• loan

Sum of money borrowed

• pell grant

• grant

• scholarship

• loan

Loan which does not accrue interest while in school or during the six-month deferment period after graduation

• Unsubsidized Loan

• Subsidized Loan

• financial aid

• pell grant