Myth Busters

  Applying for Financial Aid is a lot easier than you would think, but you want to be sure you are on track so you do not miss out on any financial aid opportunities. Do you know which of the following are required to apply for financial aid?  
  1 Complete the FAFSA  
  2 Acceptance by a college/university  
  3 Enrollment in a degree program  
  4 All of the above  
  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?  
  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  
  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  
  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.  
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