Section 2 Semester 1 Final

The FAFSA stands for the Free Application for Federal Student (a) .

• Loans
• Grants
• Aid
• Scholarships

You need an FSA ID to access which website?

• Credit Card
• studentaid.gov
• Unsubsidized Loan
• Scholarship

The total amount it costs to go to school, including both tuition and living expenses, is called the:

• Cost of Attendance (COA)
• Grant
• Grace Period
• Deferment

If you are struggling to make loan payments, you might be able to get a (a) , which allows you to temporarily stop or reduce payments.

• Scholarship
• Consolidation
• Forbearance
• Work-Study

A(n) (a) is someone who provides information on your FAFSA form, like your parents.

• Contributor
• Deferment
• Loan Servicer
• Grace Period

Which type of loan is based off of Financial need and the government pays the interest while you are in school?

• Work-Study
• Scholarship
• Unsubsidized Loan
• Subsidized Loan

Combining several loans into one larger loan is called (a)

• Consolidation
• Grace Period
• Deferment
• Contributor

A period of time after graduation where you don't have to make loan payments is called the (a) .

• Forbearance
• Consolidation
• Grace Period
• Scholarship

Failing to repay a loan according to the agreement is called (a) .

• Deferment
• Work-Study
• Contributor
• Loan Default

11. A(n) (a) _________ is a report that summarizes the information you provided on the FAFSA form.

• Cost of Attendance
• Grace Period
• Student Aid Report (SAR)
• Loan Servicer