Get the low down so you have the cash to throw down Financial Aid Written by Randall Brown.
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Transcript of Get the low down so you have the cash to throw down Financial Aid Written by Randall Brown.
![Page 1: Get the low down so you have the cash to throw down Financial Aid Written by Randall Brown.](https://reader036.fdocuments.us/reader036/viewer/2022062421/56649e625503460f94b5e1a8/html5/thumbnails/1.jpg)
Get the low down so you have the cash
to throw down
Financial Aid
Written by Randall Brown
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TERMS YOU SHOULD KNOW IF YOU WANT THE DOUGHFinancial Need
•Grants•Federal Work Study
•FAFSA– Free Application for
Federal Student Aid
Merit
• Scholarships• H.O.P.E.
• Helping Outstanding Pupils Educationally
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Money is Available!
If Video does not play, Click Here and choose the 3rd video, “Financial Aid Is Available”
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
1. Which of the following is increasing?A. Number of students attending CollegeB. Need for higher degrees to get a jobC. Amount of financial aid availableD. All of the Above
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
2. Financial aid is available for anyone who needs it.
A. TrueB. False
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
3. What form must you fill out by the deadline to be eligible for educational aid?
A. FAPSAB. PAFSAC. FAFSAD. PAPSA
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
4. After filling out the required from (from Question3), what type of aid is NOT available to you?
A. GrantsB. LoansC. ScholarshipsD. Work Study
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
5. Financial Aid obtained from completing the FAFSA is awarded to a student based on
A. GradesB. Financial NeedC. Test ScoresD. Class Rank
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
6. Which of the following forms of student aid is often awarded to students with the greatest need and does not have to be paid back?
A. ScholarshipsB. LoansC. Work StudyD. Grants
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
7. Which form of student aid provides you with a job that pays and also allows you a flexible schedule for time to study?
A. ScholarshipsB. LoansC. Work StudyD. Grants
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
8. The largest financial aid category which provides aid that must be paid back?
A. ScholarshipsB. LoansC. Work StudyD. Grants
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
9. Which of the following is NOT true about Federal Education loans?
A. You don’t have to pay them back until you graduateB. You have to pay them back if you fall below ½ time
enrollment statusC. The interest is locked in at a low rateD. You get one based on your grades
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Quick AssessmentClick the arrow to skip assessment
and proceed to next instructional section
10. Private education loans are often more affordable than federal loans obtained by filling out a FAFSA?
A. TrueB. False
End of Quick Assessment, Part 1 of 3Click to continue to next section—
ASSESSMENT WILL CONTINUE AFTER NEXT 3 SLIDES
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GRANTS• Money from the Government
or other private organizations• Based on your financial need
•FREE! FREE! You don’t have to pay it back!!
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FEDERAL WORK STUDY• Money from the
Government• Work at a job on
campus• Flexible hours so
you can study
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F.A.F.S.A.
If Video does not play, Click Here and choose the 1st video, “Introduction”
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to next instructional section
11. Which of the following is a good reason NOT to go to college?
A. New and exciting opportunitiesB. Better pay in your careerC. College costs are increasingD. None of the above
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Quick Assessment (cont’d) Click the arrow to skip assessment
and proceed to next instructional section
12. Which of the following is true about paying for college?
A. College costs are going upB. There’s very little money available to people who
want to go to collegeC. The government does not offer any free financial aidD. Poor people have no chance of paying for college
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Quick Assessment (cont’d) Click the arrow to skip assessment
and proceed to next instructional section
13. Who uses FAFSA to determine if a student is eligible for financial aid for college?
A. Federal GovernmentB. StatesC. Individual SchoolsD. All of the above
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Quick Assessment 2Click the arrow to skip assessment
and proceed to next instructional section
14. A FAFSA can only be submitted by filling in the information on the official paper form?
A. TrueB. False
End of Quick Assessment, Part 2 of 3Click to continue to next section—
ASSESSMENT WILL CONTINUE AFTER NEXT 3 SLIDES
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F.A.F.S.A.• Form required to
get free gov’t aid• Do it when
parents do taxes• Do it every year• You don’t qualify
unless you apply
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Scholarships• Money for college based on
–Grades–Athletic Ability–Clubs / Community Involvement–Leadership Ability
• Don’t have to pay it back• Some come with obligations attached
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H.O.P.E.• Helping Outstanding Pupils
Educationally• Funded by the Georgia Lottery• “B” average to qualify• “B” average to maintain it
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• Not always based on financial need• Several places to borrow money for
school• Need FAFSA to get Loans based on
need
• Either way, you must pay it back
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to SUMMARY
15. FAFSA stands for?A. Federal application for Financial Student AidB. Federal Association of Free Student AssistanceC. Free Application for Federal Student AidD. Federal Application for Free Student Aid
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to SUMMARY
16. Which of the following is an easy way to remember to fill out the FAFSA?
A. Do it before the HolidaysB. Do it after the HolidaysC. Do it right after you start collegeD. Do it when your parents do their taxes
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to SUMMARY
17. Which of the following BEST describes federal aid obtained based on information in the FAFSA?
A. You must have good grades to qualifyB. You must apply to qualifyC. You must live below the poverty level to qualifyD. You must have high SAT scores to qualify
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to SUMMARY
18. Which of the following is NOT a qualification for paying for college by way of Scholarships?
A. Financial NeedB. GradesC. Athletic AbilityD. Leadership Skills
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to SUMMARY
19. You can’t have any C’s on your report card to be eligible for the H.O.P.E. Scholarship?
A. TrueB. False
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Quick Assessment (cont’d)Click the arrow to skip assessment
and proceed to SUMMARY
20. Which of the following is NOT true about student loans to pay for college?
A. Not all loans are based on financial needB. Both bank loans and government loans have to be
paid back with interestC. You still have to fill out FAFSA to get a loan from the
GovernmentD. None of the above--All are true
End of Quick AssessmentClick to continue to SUMMARY
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Financial Aid Summary• Lots of money Available• Fill out FAFSA at Tax time
to get need-based aid for college
• Be a good student NOW—it will pay you back later
• Be involved in clubs, sports and community
• Know requirements for getting available money
• Enjoy the benefits of your education