Pell Grant Loans Work Study SEOG Misc. 100 100 100 100 100 200 200 200 200 200 300 300 300 300 300 400 400 400 400 400 500 500 500 500 Final

Pell Grant Loans Work Study SEOG Misc. 100 100 100 100 100 200 200 200 200 200 300 300 300 300 300 400 400 400 400 400 500 500 500 500 500

A need-based federal grant that is given annually to undergraduate students

Pell Grant

Once a student obtains this they can no longer receive Pell Grant

Bachelor’s Degree

The number of full time semesters that students can receive Pell Grant

12 semesters

The maximum Pell Grant a student can get for the 2018-2019 academic year

$6095

The maximum estimated family contribution that a student can have to receive Pell Gant for the 2018-2019 academic year

5486

The 3 basic types of Direct Loans

Subsidized, Unsubsidized and PLUS loans

After filing a FAFSA, the two required steps to receive a student loan

Entrance Counseling and sign a Master Promissory Note

DAILY DOUBLE DAILY DOUBLE

 This type of Direct loan does not accrue interest while students are in school at least half-time or during deferment periods

Subsidized

The maximum yearly loan amount for an Independent undergraduate senior student

$12,500

For Undergraduate students, this is the current interest rate for a Subsidized and Unsubsidized loans

4.45%

A federal program that provides part-time employment while a student is enrolled in school.

Federal Work Study

The academic level a student must be to receive a Federal Work Study position

undergraduate, graduate and professional students with financial need

Where Federal Work Study jobs are located

jobs can be at on or off-campus locations

the minimum rate of pay a student may earn for a Federal Work Study position

the current federal minimum wage

Name one thing the school takes into consideration when determining the Federal Work-Study award amount

the FAFSA is completed, financial need or level of school’s funding

FSEOG is an acronym for

Federal Supplemental Educational Opportunity Grant

For FSEOG, the governemnt provides up to this much of the money of the grant

75%

FSEOG can be awarded between these amounts per academic year

$100 and $4000

Eligibility to maintain FSEOG is determined by timely completion of this

The FAFSA

The deadline to receive FSEOG is determined by this entity

College/University

The acronym is FAFSA

Free Application for Federal Student Aid

The average cost for a student to file a FAFSA

Nothing!

Title IV funding backed by the Federal Government stemmed from this legislative accomplishment

The Higher Education Act of 1965

If conditions are not met, the TEACH grant funds turn into this

Unsubsidized loan

The minimum required enrollment for a student to receive FSEOG

Half Time

The initial name of the Pell Grant Program

The Basic Educational Opportunity Grant Program