Ch. 7 Lesson 4

The federal application required to receive any financial aid, including scholarships, grants, or loans offered through a college or university

• FAFSA

• Gift Aid

• Scholarship

• Grant

Financial aid that does not usually need to be repaid; usually awarded based on financial need

• FAFSA

• Gift Aid

• Scholarship

• Grant

Any form of financial aid that doesn’t need to be repaid

• FAFSA

• Gift Aid

• Scholarship

• Grant

Financial aid that does not need to be repaid; usually awarded based on achievements

• FAFSA

• Gift Aid

• Scholarship

• Grant

A document that shows whether or not you are eligible for federal student aid

• Student aid report

• Financial aid award letter

• work study

A letter sent by a college or university that explains attendance costs and details about a student’s financial aid package

• Student aid report

• Financial aid award letter

• work study

A program that allows students to work part time while continuing their studies

• Student aid report

• Financial aid award letter

• work study

You may need to repay a grant if you drop out, change your enrollment to part time, or receive gift aid that reduces your financial need for federal aid.

• True

• False