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College Prep

memorize.ai (lvl 286)

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Section 1

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CSS PROFILE (3)

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Date created

Mar 1, 2020

Cards (15)

Section 1

(15 cards)

CSS PROFILE (3)

Front

Which financial aid form is customized to the schools you're applying to?

Back

FAFSA

Front

Free Application for Federal Student Aid. Form you must complete for federal financial aid.

Back

CSS PROFILE

Front

Which financial aid form charges a small fee for processing?

Back

Federal

Front

By completing the FAFSA form, you automatically apply for ______ aid programs.

Back

Non-federal

Front

The Institutional Methodology is used by many colleges and universities to determine an applicant's need and eligibility for ______ funds.

Back

Institutional

Front

Of the two methodologies for determining need and eligibility for financial aid, the ______ is generally more generous.

Back

EFC is calculated based on:

Front

~Net assets ~Size of family ~Family earnings ~Savings ~Number of students in college

Back

The amount parents and the students are expected to pay toward educational expenses is known as _______.

Front

EFC

Back

PROFILE

Front

The most common of the Supplemental Applications.

Back

True

Front

Prior to receiving the SAR, students will need to complete and submit a FAFSA.

Back

Supplemental Application

Front

Any additional financial aid application beyond the FAFSA.

Back

CSS PROFILE (2)

Front

Which financial aid form is a two-part form?

Back

Federal Methodology

Front

Which formula is used to pay out Title IV funds?

Back

Student Aid Report

Front

Includes information from FAFSA and EFC.

Back

EFC

Front

Expected Family Contribution.

Back