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Worksheets

FAFSA Study Set

Total questions: 28

Worksheet time: 18mins

Name
Class
Date
1.

Define Award Letter

a)

A letter from the college financial aid office that is sent to the student listing all financial aid awarded to the student.

b)

The student’s cost of attendance includes tuition, fees, and a standard allocation designed to cover reasonable living expenses while attending school.

c)

The student’s cost of attendance includes tuition, fees, and a standard allocation designed to cover reasonable living expenses while attending school.

d)

The student’s cost of attendance includes tuition, fees, and a standard allocation designed to cover reasonable living expenses while attending school.

2.

Define Cost of Attendance

a)

The total financial aid a student receives.

b)

The Free Application for Federal Student Aid determines a student’s financial aid.

c)

The student’s cost of attendance includes tuition, fees, and a standard allocation designed to cover reasonable living expenses while attending school.

d)

This term applies to loans. It is the failure to repay a student loan according to the terms of the loan.

3.

What is a failure to repay a student loan according to the terms of the loan?

a)

Grant

b)

Gift Aid

c)

FAFSA

d)

Default

4.

Define Estimated Family Contribution (EFC):

a)

A type of financial aid award based on need or merit that does not require repayment.

b)

The amount by which your family’s contribution falls short of covering your college expenses.

c)

The total amount students and their families are expected to pay toward college costs.

d)

Financial aid that does not have to be paid back, such as scholarships and grants.

5.

What is the Free Application for Federal Student Aid determines a student’s financial aid?

a)

Interest

b)

FAFSA

c)

Federal district loan program

d)

Financial aid package

6.

What is the definition of the Federal Direct Student Loan Program:

a)

Financial aid that is awarded based on a student’s financial circumstance.

b)

A process of reviewing a student’s financial aid application to determine the amount of

financial aid eligibility.

c)

Financial aid that is awarded based on a student’s academic, leadership, or artistic talent, or

some other criteria.

d)

Federally sponsored loan programs, which include the Stafford

Loan and the Parent PLUS Loan (for parents of undergraduate students).

7.

What is the total financial aid a student receives?

a)

Financial Aid Package

b)

Need Analysis

c)

Merit-Based Aid

d)

Grant

8.

Define Financial Need:

a)

The amount by which your family’s contribution falls short of covering your college expenses.

b)

A type of financial aid award based on need or merit that does not require repayment

c)

A fee charged when you take out a loan.

d)

A form sent to the student after submitting the FAFSA.

9.

What is the term for the definition ''Financial aid that does not have to be paid back, such as scholarships and grants'' ?

a)

Work-Study

b)

Gift Aid

c)

Merit Based Aid

d)

Need Analysis

10.

A type of financial aid award based on need or merit that does not require repayment is a what

a)

Financial Aid Program

b)

Award Letter

c)

Grant

d)

Default

11.

Define a fee charged when you take out a loan.

a)

Work-Study

b)

Grant

c)

Interest

d)

Loan

12.

What is a financial aid that is awarded based on a student’s academic, leadership, or artistic talent, or some other criteria.

a)

Gift aid

b)

Interest

c)

FAFSA

d)

Merit-Based-Aid

13.

What are important things to know when filling out FAFSA?

a)

Need Analysis

b)

Need-Based Financial Aid

c)

How much money you think you'll get

d)

Ur social security number

14.

What is a need analysis?

a)

A process of reviewing a student’s financial aid application to determine the amount of financial aid eligibility.

b)

Financial aid that is awarded based on a student’s financial circumstance.

c)

A type of financial aid award based on need or merit that does not require repayment

d)

Grant

15.

What is a financial aid that is awarded based on a student’s financial circumstance.

a)

Interest

b)

Grant

c)

Need-Based Financial Aid

d)

Need Analysis

16.

Define Student Aid Report (SAR)

a)

A fee charged when you take out a loan.

b)

Work-study is designed to help students fund their college.

c)

An opportunity for a student to work part-time and attend college.

d)

A form sent to the student after submitting the FAFSA.

17.

What is an opportunity for a student to work part-time and attend college?

a)

Default

b)

Cost of Attendance

c)

Work-Study

d)

Award letter

18.

What are mandatory test scores that are required to be on your college application?

a)

APs if taken any

b)

SAT

c)

ACT

d)

GPA

19.

Define ACT

a)

American College test

b)

Advanced Placement

c)

Scholastic Aptitude test

d)

Smarter Balanced Assessment Consortium

20.

What is the CAASPP test?

a)

used to monitor student progress and ensure that all students leave high school ready for college and career

b)

to measure how well you've mastered the content and skills of a specific course

c)

to measure how well students understand and are able to apply the skills and knowledge required by the state standards

d)

to summarize your academic achievement

21.

Is an Advanced Placement (AP) class required for high school?

a)

Yes, it is part of the required credits in order to graduate.

b)

Yes, since it better prepares you for college.

c)

No, its an after school extra circular.

d)

No, but it's recommended. It helps you gain college credit.

22.

What is the UCEAP used for?

a)

Community service hours.

b)

FAFSA applications.

c)

For high school credit.

d)

To run programs that offer UC credit, grades, and financial aid.

23.

How does the ERWC work?

a)

A test to know that high school students are ready education wise to go to college.

b)

Students earn passing college admission test scores and are placed in college-level courses.

c)

A test where if students pass they get college credit.

24.

Which option aims to better prepare students in math and/or English before the fall term of their first year of college?

a)

ESP

b)

GPA

c)

SBAC

d)

SAT

25.

What choice provides students with the skills they will need to excel in whatever disciplines they choose to pursue?

a)

ACT

b)

GE

c)

CAASPP

d)

ERWC

26.

What does a GPA show you?

a)

Summary of your academic achievement.

b)

Score of overall basic subject knowledge.

c)

How much money you'll get with financial aid.

d)

College credit.

27.

Select all that describe an SAT test.

a)

Pencil and Paper test.

b)

College Board provided

c)

Multiple Choice test.

d)

Have to take a course in order to take it.

28.

True or False: The SBAC is to measure how well you've mastered the content and skills of a specific course.

a)

True

b)

False