Do you plan on applying for financial aid for college? Why or why not?
Learning ObjectivesStudents will be able to:
| National Standards for Personal Financial Education Managing Credit
|
Learning ObjectivesStudents will be able to:
| National Standards for Personal Financial Education Managing Credit
|
In what month does the FAFSA become available for the following year?
When is it the best time to submit the FAFSA?
Who uses the FAFSA once you have submitted it?
What do you receive after you submit the FAFSA?
What is the purpose of the FAFSA, or Free Application for Federal Student Aid? (Select 2 answers)
How often do you need to file the FAFSA?
What information does the FAFSA Submission Summary include?
When do you receive your FAFSA Submission Summary?
Why is it important that you review your FAFSA Submission Summary in detail and make sure all the information is accurate?
The LOWER your SAI, the need-based financial aid you'll be eligible to receive.
All of the following statements about the FAFSA are true EXCEPT…
Jenny receives her FAFSA Submission Summary a few days after filing the FAFSA electronically. Which of the following should she expect to find in this document?
What is the relationship between your Student Aid Index (SAI) and your likelihood of qualifying for financial aid?
Match the term found in the FAFSA Submission Summary with its definition
| Draggable item | arrow_right_alt | Corresponding Item |
|---|---|---|
Verification | arrow_right_alt | The number that a college uses to determine how much federal student aid the student would receive if the student attended the school |
Student Aid Index (SAI) | arrow_right_alt | A four-digit data number used to allow colleges to make changes on your behalf or to make corrections by phone |
DRN | arrow_right_alt | When your school contacts you to check that the data reported on your FAFSA is correct, including asking for supporting income and documentation |
What is John's SAI (Student Aid Index)? Note: The SAI is not a dollar amount.
What is John's DRN?
John's FAFSA been selected for verification.
How much income did John earn in 2023?
Why is it important to review all pages of this document carefully?
