What are the benefits of attending a local community college?
It is cheaper to earn an Associate's degree at a community college and then transfer to a four-year college to finish
. You can live at home and save dorm fees while earning an Associate's degree.
What is the biggest impact on whether a four year university is affordable?
For a four year university, the biggest factor for whether it is affordable is not is
the tuition fee of that university for that course
.
What are the benefits of attending a local community college Quizizz?
What are the benefits of attending a local community college?
You can live at home and save dorm fees while earning an Associate's degree
. Choosing a local community college within closer driving range saves on transportation costs.
What type of federal funding is free money but is based on financial need only ??
Most types of
grants
, unlike loans, are sources of free money that generally do not have to be repaid. Grants can come from the federal government, your state government, your college or career school, or a private or nonprofit organization.
What do federally funded grants require the student to have?
Federally-funded grants require the student to…
earn above average grades.
have a membership in a high school club. perform volunteer work for a local community agency
. have financial need only.
What are the benefits of attending a local community college Everfi quizlet?
What are the benefits of attending a local community college?
It is cheaper to earn an Associate's degree at a community college and then transfer to a four-year college to finish
. You can live at home and save dorm fees while earning an Associate's degree.
What is not a benefit of having a good credit score?
What is NOT a benefit of having a good credit score?
You'll get accepted to better education institutions
. What should you use a loan to purchase? A house, tuition for higher education, a car.
Which savings account will earn you the least money?
Traditional savings accounts
will probably earn you the least money. Or a money market account or CD you open at a brick-and-mortar bank.
Which payment option takes money out of your bank immediately?
Debit cards
take money out of your checking account immediately.
What has the biggest impact on whether a 4 year university is affordable quizlet?
What has the biggest impact on whether a 4 year university is affordable?
The amount of financial aid that the university offers
. Living at home could save you money while enrolled in post secondary school or training because… It reduces costs of room and board.
What type of financial aid does not need to be repaid?
A grant
is a form of financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don't complete your service obligation).
What are the 3 types of federal financial aid?
- Federal Pell Grant: For undergraduates with financial need.
- Federal Supplemental Educational Opportunity Grant (FSEOG): For undergraduates with exceptional financial need at participating schools.
Is FAFSA free or a loan?
Is the FAFSA a Loan or Free Money?
The FAFSA application is not a loan
. It is simply an application that you fill out in order to determine your eligibility for receiving a federal loan. There are three main types of financial aid that a student may be deemed eligible for after completing a FAFSA application.
What disqualifies you from getting financial aid?
Incarceration, misdemeanors, arrests, and more serious crimes
can all affect a student's aid. Smaller offenses won't necessarily cut off a student from all aid, but it will limit the programs they qualify for as well as the amount of aid they could receive. Larger offenses can disqualify a student entirely.
Can I get financial aid if I make over 100k?
Even if your family makes multiple six figures a year,
you can still
get financial aid. That said, not financial aid is created equal. Ideally, you want free money, or grants not loans.
What GPA do I need to keep my financial aid?
To be eligible for federal student aid and college financial aid, a student must be making Satisfactory Academic Progress (SAP). This generally consists of maintaining
at least a 2.0 GPA on a 4.0 scale
(i.e., at least a C average) and passing enough classes with progress toward a degree.
