Financial Aid Terms to Know

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Across
  1. 3. A _______ college is an institution of higher education operated with state funds.
  2. 6. A form of financial aid that does not have to be repaid. Say Yes is an example of this.
  3. 7. Generally refers to those students taking at least twelve credits per semester (two words).
  4. 8. A financial aid ______ is generally a combination of grants, scholarships, loans, and work-study, this is the total amount of financial aid you receive to help pay for college.
  5. 11. Costs associated with attending institutions of higher education that are not included in tuition.
  6. 16. Financial resources designed to assist those who are unable to meet the cost of postsecondary education (education after high school).
  7. 17. A form of financial aid that must be repaid with interest.
  8. 18. The cost of attending an institution of higher education, which does not include room, board or additional student fees.
  9. 20. A federal grant program to assist low income students in attending institutions of higher education.
  10. 21. Expected cost of attending a particular school. This includes tuition and fees, and room and board (or an allowance for off campus living), as well as books, supplies, transportation and loan fees (3 words).
  11. 22. A form of financial aid that does not have to be repaid and is typically based on outstanding personal performance in an area such as academics, music, or athletics.
  12. 23. This kind of degree typically takes two years to achieve this degree and you typically need to complete 60 or more credits.
  13. 24. Federal loans where you do not accrue interest while you are enrolled in school full-time.
Down
  1. 1. This kind of students are still reliant on parents for financial support and do not live apart from their parents. Most students going directly from high school to college are considered this kind of student.
  2. 2. Money borrowed from the federal government to help pay for your education, that must be repaid with interest (two words).
  3. 4. These vary in length, but often are the quickest route to a credential. You typically need to complete 20-30 credits.
  4. 5. This refers to two and four year colleges and universities (two words).
  5. 9. This kind of degree is typically seen as a four-year degree. This degree is granted for completion of a course of study usually requiring 120-128 credits.
  6. 10. Loan ________ is a program in which a borrower’s loans are paid off in exchange for paid work under particular conditions (duration, location, job description, etc) set by the institution that sponsored the loan.
  7. 11. Expected _________ contribution is the amount the federal government determines your family should be able to contribute to your education.
  8. 12. A ______ college is a self-supporting institution of higher education operated with private funds.
  9. 13. A federal financial aid program that awards students part-time jobs, usually on campus or at an off-campus nonprofit agency, to help cover part of college expenses (2 words).
  10. 14. ________ courses are sometimes referred to as web-based courses, these are regular college credit classes utilize technology, including the internet, to deliver course information and material and to promote class discussion.
  11. 15. Federal loans where you're responsible for the interest from the moment the amount you borrow is disbursed (sent) to you.
  12. 19. This form is used to determine financial aid from federal resources and from many state resources. Many colleges also require it for institutional aid.