Financial Aid - Lunch & Connect (3)

Open ended: Name some forms of financial aid...

Answer explanation

Grants, loans, scholarships, work-study, military aid

What income tax year do we use for the 2023-2024 FAFSA?

• 2022 taxes

• 2024 taxes

• 2023 taxes

• 2021 taxes

True or False: Federal student loans are money you borrow from the Government to pay for schooling that you repay back at a later time with interest

• True

• False

What does SAP stand for?

• Satisfactory Academy of Progress

• Summit of Academic Process

• Standards of Academic Progress

• Satisfactory Academic Progress

Where do you apply for the Foundation scholarship?

• On the Moraine Valley website, under cost and aid, scholarships

• On the Moraine Valley website, under cost and aid, financial aid

• On studentaid.gov

• On scholarship.edu

How many credit hours is considered full-time?

• 12 or more credit hours

• 6 or more credit hours

• 9 or more credit hours

• 15 or more credit hours

Who is the borrower of the Parent PLUS loan?

• Parent

• Grandparent

• School

• Student

What type of federal student loan is considered a need-based loan?

• Pell

• Unsubsidzed

• Subsidized

• Sallie Mae

Choose three: Name the three campuses for Moraine...

• Palos Hills

• Tinley Park

• Palos Heights

• Blue Island