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WorksheetsPaying for College
Total questions: 15
Worksheet time: 9mins
What does FAFSA stand for?
Federal Application for Free Student Aid
Financial Application for Free Student Aid
Financial Appeals for Fixed Subsidized Assets
Free Application for Federal Student Aid
How much does it cost to submit the FAFSA?
Free for All
Free depending on your Financial Aid results
$10
$100
How can you find out your SAI (Student Aid Index)?
Using an EFC Calculator
Filing the FAFSA
Your parent's tax accountant
Your parent's bank
When does the FAFSA go live?
November 1st
November 30th
October 1st
May 1st
The COA (Cost of Attendance) includes all of these except:
Books & Supplies
Housing & Transportation
Gas & Car Insurance
Tuition & Fees
Which equation helps you find your financial need?
Need = FAFSA + SAI
FAFSA - SAI = Need
Need = COA - SAI
COA + SAI = Need
Grants are money you have to pay back.
True
False
Loans are money you have to pay back.
True
False
On this type of loan, the government will pay the interest on your student loan while you are in college and for the first 6 months after you graduate from college.
Subsidized Loan
Unsubsidized Loan
Merit Aid is all of the following except:
Money that comes from the government and has to be paid back.
Free money for good grades.
Is also considered a scholarship.
Money that comes from the University.
What is the name of the financial aid letter you will receive from each school that accepts you?
Acceptance Letter
Award Letter
FAFSA Aid Letter
Love Letter
In regards to prior-prior year, for students starting college in the fall of 2025, their parents will need to use their tax information from which year?
2022
2021
2020
2023
You can find and apply for scholarships on:
The Merry Go Round
The Queen Mary
Mary, Mother of God
Going Merry
What is work-study?
A balance between work life and school life.
Getting paid to study.
An on-campus job.
Working at Starbucks while attending college.
How often do you need to complete the FAFSA?
Every year.
One time.
Every other year.
Prior-prior year.
