Across
- 3. the amount of money you and your family are expected to pay for your college education based on your tax, income, and expense information
- 6. Money provided by colleges, usually based on your financial need. Grants never need to be paid back
- 9. A small percentage of the total amount borrowed that the borrower must pay to the lender. Interest is added to the initial loan amount
- 11. Money you borrow from a bank or the government that must be paid back
- 12. Letter an official document issued by a financial Aid Office listing all the aid awarded to a student
- 13. A loan that charges interest from the moment the loan is given until it is paid off
- 15. total cost of attending a school for one academic year, including tuition, room and board, books,fees,supplies, and an allowance for personal needs.
- 16. A loan that doesn't charge interest until after you begin repayment. The government pays the interest on federal subsidized loans while you are in school
Down
- 1. Stands for "Free Application for Federal Student Aid." This is the application you must complete each year in order to qualify for federal financial aid.
- 2. The difference between the cost of attendance at a college and your EFC
- 4. Money given to students who meet certain qualifications based on merit or need; often, you must apply for scholarships in order to get them. They do not need to be repaid
- 5. The amount of money charged by a school or program to take classes at that college or university
- 7. The cost of having a place to sleep on campus (room) and food to eat (board) while in college
- 8. A need-based grant for college provided by the federal government that is based on your FAFSA
- 10. Manages financial aid, including grants,scholarships,and loans for a college. This is where you can go to ask questions about financial aid and other money matters in college
- 14. A need-based program administered by each school that allows students to work on campus in exchange for a portion of their tuition