Financial Aid Flashcards

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1
Q

What were we named by North Region by the U.S. News

& World Report?

A

Top 10 Best Value School

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2
Q

What has been enacted for the 2014-15 academic year?

A

A tuition freeze

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3
Q

Grants or scholarships that do not

need to be repaid

A

Gift Aid

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4
Q

Money earned by the student as

payment for a job on campus

A

Work Study

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5
Q

Borrowed money to be paid back,

usually with interest

A

Loans

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6
Q

What 4 sources of financial aid make up your financial aid reward letter?

A

State Government, Federal Government, Private Organizations, and Geneva

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7
Q

When is Geneva’s priority filing date for FAFSA?

A

March 15th

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8
Q

Students should visit which website and also avoid which website?

A

Visit fafsa.gov, NOT fafsa.com

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9
Q

Three good reasons to file your FAFSA electronically

A

1) Built-in edits to prevent costly errors 2) Skip-logic allows student and/or parent to skip
unnecessary questions 3) More detailed instructions and “help” for common
questions
4) Ability to check application status on-line
5) Simplified application process in the future

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10
Q

What is the federal student aid PIN website?

A

www.pin.ed.gov

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11
Q

What are the 4 main forms you should collect before starting your FAFSA?

A

Social Security Card, Driver’s License, W-2 Forms, Income Tax Return

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12
Q

If you will not have your taxes done early, file the FAFSA

with what?

A

Estimated Income

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13
Q

What should you do if you have unusual circumstances?

A

Complete the FAFSA by following the directions and contact the college

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14
Q

What can you do with IRS Data Retrieval?

A

Electronically transfer your tax information to

the FAFSA application

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15
Q

Be sure to select the correct ____ when beginning the FAFSA

A

Year (Based on the year you plan to attend college)

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16
Q

What should you do if you can’t find your high school?

A

Click next to continue

17
Q

What happens after completion of the FAFSA?

A

Geneva receives results. If student is accepted, Geneva creates financial aid award (mailing starts in March)

18
Q

What happens when student receives award package in the mail?

A

1) Student needs to sign and return one copy of award 2) Student sends in their deposit to secure a spot

19
Q

What’s financial aid’s number?

A

724-847-6530