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Federal Student Aid

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

What is the application called that you fill out for financial aid?

a)

SFAA

b)

AGAA

c)

FAFSA

d)

TFSA

2.

Who can you ask for help with the FAFSA application or financial aid in general?

a)

RLC financial aid

b)

The financial aid office of the college you plan to attend.

c)

Student Aid (The Department of Education)

d)

All three choices

3.

When is the FAFSA first available?

a)

June 5th

b)

October 1st

c)

August 15th

d)

May 14th

4.

Student's or parent's identifier that allows access to the FAFSA and other government-related sites.

a)

FSA ID

b)

RLC ID

c)

HIGH SCHOOL ID

d)

EMAIL

5.

A Federal Pell Grant must be paid back?

a)

YES

b)

NO

6.

The State of Illinois provides a grant on a first-come, first-served basis. What is it called?

a)

College Support

b)

IL Grant

c)

IL Free Money Grant

d)

MAP Grant

7.

What type of aid is based on a student's financial need?

a)

Need-based

b)

GPA

c)

Merit-Based

d)

ACT/SAT

8.

What type of aid is based on a student's skill or ability?

a)

Need-Based

b)

Netiher

c)

Both

d)

Merit-Based

9.

Scholarships are based on academic or other achievements to help pay for educational expenses.

a)

TRUE

b)

FALSE

10.

Scholarships must be repaid.

a)

YES

b)

NO

11.

A Federal Student Loan is money that must be repaid and is used to help cover college-related expenses.

a)

True

b)

False