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Financial Aid & Scholarships!!

Financial Aid & Scholarships!!. Question 1 - $10. What is the difference between a loan and a scholarhip?. Answer 1 – 10. You have to pay a loan back You DON ’ T have to pay a scholarship bac. Question 1 - 20.

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Financial Aid & Scholarships!!

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  1. Financial Aid & Scholarships!!

  2. Question 1 - $10 • What is the difference between a loan and a scholarhip?

  3. Answer 1 – 10 • You have to pay a loan back • You DON’T have to pay a scholarship bac

  4. Question 1 - 20 • What is the name of the form that you have to fill out to apply for financial aid?

  5. Answer 1 – 20 • The FAFSA

  6. Question 1 - 30 • What things are included in the total “Cost of Attendance” for college? • (name at least 3 things)

  7. Answer 1 – 30 • Tuition • Room and Board • Transportation to/from School • Books & Supplies

  8. Question 1 - 40 • What % of college students get financial aid? • (answer must be within 10% of correct answer)

  9. Answer 1 – 40 • 79%

  10. Question 1 - 50 • Which of the following give out financial aid? • The Federal Government • Colleges/Universities • Private donors

  11. Answer 1 – 50 • All of the above

  12. Question 2 - 10 • True or False: • You don’t have to be a straight “A” student to receive financial aid from colleges.

  13. Answer 2 – 10 • True

  14. Question 2 - 20 • True/False: • If you apply for a student loan, you HAVE TO take the money if it is offered to you.

  15. Answer 2 – 20 • False • You don’t have to take student loan money if you don’t want to.

  16. Question 2 - 30 • True/False: • Colleges WANT to help students get financial aid.

  17. Answer 2 – 30 • True • Colleges definitely want students to get financial aid!

  18. Question 2 - 40 • True/False: • The FIRST step to getting financial aid for college is to research scholarships.

  19. Answer 2 – 40 • False! • The 1st step is to fill out the FAFSA form

  20. Question 2 - 50 • What is “work study”?

  21. Answer 2 – 50 • Work study is a part-time job that you get on campus that is funded by the government, and helps you pay for school.

  22. Question 3 - 10 • True/False: Scholarships are FREE money that you don’t have to pay back

  23. Answer 3 – 10 • True!!

  24. Question 3 - 20 • List at least 3 sources of help in finding scholarships

  25. Answer 3 – 20 • Guidance Counselor • Academic Advisor • Church Groups • Local Businesses • Community Organizations • Your parent/guardian’s employer • Local Colleges and Universities

  26. Question 3 - 30 • For every 10 scholarship that you apply for, how many should you expect to win?

  27. Answer 3 – 30 • One • But don’t be discouraged! You can do this!! We can help!!

  28. Question 3 - 40 Under what circumstances is it okay for you to pay to apply for a scholarship?

  29. Answer 3 – 40 • It’s NEVER okay to apply for a scholarship. If someone asks you for $ to apply, it’s probably a scam!

  30. Question 3 - 50 • How much total money is available in scholarships each year in the United States? • (must be within $1 billion of correct answer)

  31. Answer 3 – 50 • There is $3 billion of scholarships available for students each year in the United States • You might as well be one of the people who get a piece of it!

  32. Question 4 - 10 • Should you apply only for BIG scholarships or for multiple small ones?

  33. Answer 4 – 10 • Apply for multiple small scholarships • Every little bit helps!

  34. Question 4 - 20 • List 2 tips for writing a good scholarship essay.

  35. Answer 4 – 20 • Highlight Your Accomplishments • Describe how you’ve overcome challenges • Add a personal touch to your essay • Think about the donor – what are they looking for? • Have someone proofread your essay

  36. Question 4 - 30 • What are some of the things that you will have to provide in a typical scholarship application?

  37. Answer 4 – 30 • GPA • Test Scores • Resume • Essay • Interview

  38. Question 4 - 40 • Can you submit one application for all of the scholarships that you are applying for?

  39. Answer 4 – 40 • No, you have to fill out each scholarship application individually. • Each one will ask for unique information.

  40. Question 4 - 50 • If you win a scholarship, will it automatically get renewed each year that you are in college?

  41. Answer 4 – 50 • Not necessarily… • Some scholarships have to be applied for annually. • Some scholarship require that you maintain a certain grade point average.

  42. Question 5 - 10 • True/False: • Parents/Guardians are ALWAYS the best people to talk to about preparing for college

  43. Answer 5 – 10 • FALSE • It depends – sometimes it’s better to talk to a guidance counselor or teacher to get help preparing for college

  44. Question 5 - 20 • True/False: • You do NOT need to decide on a major before you begin college.

  45. Answer 5 – 20 • True • A lot of people wait until they’ve been in college for a semester or two before they decide on a major

  46. Question 5 - 30 • Why aren’t colleges with the lowest tuition rate always the cheapest option?

  47. Answer 5 – 30 • Because you have to consider other expenses such as Room & Board, travel costs, and financial aid

  48. Question 5 - 40 • What is the most important thing that college admissions officers use to predict whether you will succeed in college?

  49. Answer 5 – 40 • Your Grade Point Average

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