Financial Aid Quiz Final

• Money to help pay for attendance at a post-secondary educational institution, such as colleges and trade schools.

• Financial Aid

• Credit

• Semester

• Pre-requisite

Which of these is NOT a good source of money for college.

• Federal Aid, such as grants and loans

• NY State Aid, such as TAP

• Credit cards

• Private loans

The federal application for college financial support is called

• TAP

• FAFSA

• ACCORD

• USDA

Financial Aid from NY State comes from the ____ program.

• FDIC

• ACCORD

• FAFSA

• TAP

While in college, how often must students submit the FAFSA and TAP in order to receive aid?

• Every year

• Just once

• After college

• Twice a year

Which of these is NOT a direct cost?

• mandatory fees

• dorm and meal plan

• transportation to and from school

• tuition

Which of these could jeopardize your college financial aid, causing you to possibly lose it.

• Buying a car

• Poor grades

• Taking too many credits

• Your parent losing their job

The federal grant program is called _____.

• Bursar

• NASA

• TAP

• PELL

All loans must be private; the government does not offer loans.

• TRUE

• FALSE

Work Study provides a huge amount of money and pays for most students' tuition.

• TRUE

• FALSE