An Award Letter is:

Financial Aid Terms and Definitions

Quiz
•
Other
•
12th Grade
•
Hard
Carrie Corigliano
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A document detailing the financial aid package offered to a student
A certificate of achievement
A letter of recommendation
A job offer letter
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Cost of Attendance include?
Tuition and fees
Room and board
Books and supplies
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Student Aid Report (SAR)?
A report that provides information about financial aid eligibility
A document required for college admission
A report card for students
A scholarship application form
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Estimated Family Contribution (EFC)?
A measure of your family's financial strength
A type of student loan
A scholarship program
A tax deduction
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is FAFSA®?
Free Application for Federal Student Aid
Federal Application for Student Assistance
Financial Aid for Students and Families
Federal Aid for Student Applications
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Grant is:
A type of loan
A financial award given by an entity
A form of tax
A type of investment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Federal Direct Loan?
A type of student loan offered by the federal government
A private loan offered by banks
A grant that does not need to be repaid
A scholarship based on academic performance
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