Financial Aid 101

What are the two types of Aid ?

• Merit based and needs based

• Age and Gender based

• Ethnicity and Geographical location

• I don’t know

What are the types of Financial Assistance ?

• Grants

• Loans

• Scholarship

• I don’t know

• Work study

What is FASFA ?

• Free Academic Advising

• Financial Education

• Free Application for Federal Student Aid

• I don’t know

When does FASFA open ?

• September

• October

• November

• I don’t know

What are grants ?

• Financial aid you don’t need to pay back

• Immunity to academic failure

• Help with homework

• I don’t know

Do loans have to be paid back ?

• Yes

• No

• Maybe

• I don’t know

Do scholarships have to be repaid ?

• Yes

• No

• Maybe

• I don’t know

Work- study Allows you to earn money from on- campus jobs

• True

• False

• I don’t know

• Maybe

Which ones are grants? Click all that apply

• Pell Grant

• Federal Supplemental educational opportunity Grants

• Teacher Education Assistance for college and higher education

• Iraq and Afghanistan service grants

Which ones are loans , click all that apply .

• Subsidized loans

• Plus Loans

• Unsubsidized loans

• Perkins loans

• Private loans