Myth Busters

   
  Grants and scholarships are a great way to pay for college because the money does not have to be paid back. It is a good idea to apply for grants and scholarships and exhaust any “FREE” money opportunities you have before you decide to take out money that does require repayment, such as a student loan. Many different organizations offer grants to students, such as  
  1 Businesses and community organizations  
  2 State and federal governments  
  3 Civic groups  
  4 All of the above  
   
  Scholarships and grants are a great way to pay for college. You may think that a great grade point average is the only way to receive a grant or scholarship; however academics are just one of the criteria used to award students. What other criteria is involved?  
  1 Life experience  
  2 Financial need  
  3 Athletic ability  
  4 All of the above  
   
  You have heard the slogan around campus “get out of line and go online”, but which of the following things CAN you complete on the web?  
  1 Check your financial aid award status  
  2 Fill out the FAFSA  
  3 Check the balance and make payments on student loans.  
  4 All of the above.  
   
  Need some help paying for college? The average cost for in-state tuition and fees for a full-time student are about $3477 per year at the University of Alaska. Receiving financial aid can help alleviate some of the burden of paying this all yourself. Last year the average student received $______ in financial aid.  
  1 I have heard that financial aid does not even cover fees, so I am going to guess $500.  
  2 I am sure the average student can pay for at least tuition and fees, plus have some money left over for books and supplies--$5000 should cover it.  
  3 I have heard that students can pretty much take out as much money as they want and then just pay it all off when they graduate, so the number has got to be pretty high, say $10,000.  
  4 None of the above. The average student does not receive financial aid.  
   
  Are you discouraged because you think the possibility of receiving a scholarship is too slim to even waste your time applying? How much money do you think the University of Alaska gives away each year in scholarships?  
  1 Definitely over $6 million.  
  2 Definitely under $6 million.  
  3 Maybe a few hundred thousand dollars?  
  4 The University of Alaska offers scholarships?  
     
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