__________________________ is financial aid which is a gift and does not have to be repaid; includes grants and scholarships.

______________ is money charged for teaching and instruction provided by a school.

___________ money charged for services provided. 

__________________ term referring to the costs of housing and food.

______________sum of money borrowed.

_________________________ sum of money intended to support a student's education and awarded based on achievement.

______________________ financial aid for which the student must take responsibility; includes work-study and loans.

________________ sum of money given by an organization for a particular purpose (often education).

___________________ federal grant awarded based on financial need;  amount depends on a student's EFC and enrollment status, as well as the cost of attendance. 

______________________________ is a federal grant awarded based on financial need; amount depends on a student's financial need; also known as SEO Grant

_______________________ is a need-based financial aid program allowing students to work a part-time campus job to help pay for college

_________________________ program which shows students how to manage student loans.

________________________________ legally binding loan contract in which a student agrees to pay back the loan and agrees to all terms and conditions included.

_____________________________ sum of money borrowed from the federal government to pay for college; typically have lower interest rates and more flexibility than private loans

_________________________ loan which does not accrue interest while in school or during a 6 month deferment period after graduation

_________________________ loan which accrues interest from the time it is borrowed, including while the borrower is in school

____________________ document provided to a student after successful completion of the FAFSA which summarizes basic information about a student's eligibility for federal student aid and lists the student's answers tot he questions on the FAFSA

______________________________ form used to apply for federally funded financial aid; also used by some states and colleges to determine eligibility for for state- and college-funded aid;  includes questions concerning income, financial situation and demographic date

_______________________ measure of a family's financial ability used to determine eligibility for financial aid; calculated according to a formula which considers income, assets, family size and number of family members in college

__________________________________ online application created by the College Scholarship Service and used by almost 400 colleges and scholarship programs to award financial aid from sources outside of the federal government.