Financial Aid Key Terms (NJ)
Authored by Janixa Mejias
Other
11th - 12th Grade
Used 17+ times
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27 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does FAFSA stand for?
Federal Aid for Student Assistance
Federal Aid for School Application
Free Aid for Student Authority
Free Application for Federal Student Aid
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does EFC stand for?
Estimated Family Contribution
Estimated Family Cost
Expected Family Contribution
Expected Financial Cost
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What does EFC tell you?
The amount of money that the college gives you
The amount of money the gov't expects you can pay
The amount of money that the college expects you to pay
The amount of money the gov't is giving you
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is NOT a NJ State Grant?
EOF
NJ Stars
TAG
Pell
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
_ is money that needs to be paid back with interest.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_ is money that does not need to be repaid
Private loans
Subsidized loans
Grants
Unsubsidized loans
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
_ is awarded so that you're eligible for a student job to offset the cost of education, but is not always guaranteed.
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