Chapter 5- Life After High School Flashcards
1
Q
A form that is completed annually by current and prospective college students to determine their eligibility for financial aid
A
FAFSA(Free Application for Federal Student Aid)
2
Q
A form of federal or state financial aid that does not need to be repaid; usually given to students who demonstrate financial need
A
Grant
3
Q
A form of financial aid that does not need to be repaid; usually rewarded on the basis of academic, athletic, or other achievements
A
Scholarships
4
Q
A program that allows students to work part time while continuing their studies
A
Work Study
5
Q
The total estimated student loan debt in the US.
A
1 trillion dollars
