Across
- 3. The true amount a student will pay for college. You can calculate the net price by subtracting your financial aid from your cost of attendance.
- 4. The total amount of college expenses before financial aid. Includes money spent on tuition and fees, room and board, books and supplies, and living expenses.
- 7. Loans for students not based on financial need. A loan is a sum of money that is expected to be paid back with interest. Unsubsidized Loans accumulate interest while you are in school. For that reason, subsidized loans are preferred over unsubsidized loans.
- 12. An allowance for the cost of housing and food while attending college or career school.
- 13. What the college or university will bill you including tuition, room, board, and required fees.
Down
- 1. A California-specific financial aid allocation that does not need to be paid back. Applicants must apply for the FAFSA or CADAA by the deadline and meet all eligibility, financial, and minimum GPA requirements of either program. Grants are for students attending University of California, California State University, or California Community College, or qualifying independent and career colleges or technical schools in California.
- 2. A measure of your family’s financial strength. States and colleges use this number to help determine your financial aid award. The EFC is calculated using the information you supply about your family’s financial circumstances.
- 5. Loans for students who demonstrate financial need. A loan is a sum of money that is expected to be paid back with interest. Subsidized Loans do not accumulate interest while you are in school. For that reason, subsidized loans are preferred over unsubsidized loans.
- 6. Provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study.
- 8. A grant the U.S. federal government provides for students who need it to pay for college. Limited to students with financial need who have not earned their first bachelor's degree and also require that students maintain satisfactory academic progress in a degree-oriented program as defined by the school they attend. The grant usually ranges from $555–$5,550 per year and is determined by the FAFSA.
- 9. The document you receive from a college explains the terms of the financial aid that the college is offering you. The information includes the types and amounts of financial aid offered, what you’re expected to do to keep the award, and a deadline for accepting the award.
- 10. Necessary expenses related to attendance. Think of books, supplies, transportation, personal expenses, and optional fees.
- 11. Made by private organizations such as banks, credit unions, and state-based or state-affiliated organizations, and have terms and conditions that are set by the lender. Private student loans are generally more expensive than federal student loans.