Myth Busters

   
  Do you know all the types of Financial Aid available to students? You have probably heard of student loans; however that is just one option students may choose to pay for college. Test your knowledge of financial aid by choosing which one of the following is not a type of financial aid:  
  1 Loans  
  2 Grants  
  3 Scholarships  
  4 Savings Accounts  
   
  College lingo can be confusing at times. With so much going on, things can get confusing fast. How well do you know your college lingo? FAFSA is a term you will hear a lot, but do you know what it is?  
  1 Campus housing application  
  2 Form that determines eligibility for financial aid  
  3 A club/organization for college students  
  4 Meal plan for students living in dorms  
   
  Many students have jobs in college. Working helps you earn money and can give you great experience. If you are interested in working as a student, then check out the jobs open to students at your campus. You can work and attend classes all in the same place. Student jobs are available in many different career fields, so you can also get experience towards your degree. What kind of student job is considered financial aid?  
  1 When you sign up for a work study program.  
  2 When you work in exchange for room and board or free tuition.  
  3 When you employer awards you with a scholarship or grant.  
  4 None, student jobs are not considered financial aid.  
   
  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  
   
  By now you have probably heard the word FAFSA a hundred times. FAFSA stands for Free Application for Federal Student Aid. You know that in order to qualify for financial aid you have to fill it out, but do you know how easy it really is? Once you have your paperwork handy, how long do you plan on spending filling out the FAFSA?  
  1 A week for sure. I saw the application and it looks intimidating!  
  2 Maybe if I had some help I could finish it in a day or two.  
  3 You mean I actually have to read the form?  
  4 Less than thirty minutes…I am going for a world record!  
     
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