EIF Financial Literacy Dec 2022

What does EIF stand for?

• End Independent Fellowship

• Education is Freedom

• Educational Independence Forever

• Email Indifferent Friends

The Pell Grant needs to be paid back after graduation.

• True

• False

You need to renew your FAFSA/TASFA every year while in college.

• True

• False

What does FAFSA stand for?

• Free Application for Federal Student Aid

• Fixed American Finances Sampled Annually

• Fun Awesome Factual Silly App

• Filling Application for Financial Support America

What does TASFA stand for?

• Terry Application for Student Freedom Advising

• Terrific and Spectacular Fellowship Ad

• Texas Application for State Financial Aid

• Texans Always Starting Fighting Associations

The U.S. Department of Education pays the interest on which loan while you're in school at least part time?

• Direct Subsidized Loan

• Federal Pell Grant

• Private Student Loan

• Direct Unsubsidized Loan

Work-Study jobs are a great way to help pay for school.

• True

• False

Based on your financial aid application, every college will offer you the same amount in grants, loans, and scholarships.

• True

• False

Even if a student does NOT complete college, they still have to pay back their loans.

• True

• False

Where is NOT a place to find scholarships?

• Raise.me

• The EIF room

• Collegeboard.org

• tiktok.com