Money? | More Money? | Even MORE Money? |
$100
The price that colleges advertise on their website (not what I really have to pay).
Choose between:
Net Price OR Sticker Price
$100
What is sticker price?
$200
How much I will pay for college after financial aid is subtracted from the direct costs.
Choose between:
Sticker Price OR Net Price
$200
What is net price?
$300
Alongside the FAFSA, I can apply to…
Choose:
$300
What is both?
$400
I must complete the FAFSA to receive it!
$400
What is financial aid?
$100
Money given by schools or organizations based on skill or membership to a cultural group.
Choose between:
Grants OR Scholarships
$100
What are scholarships?
$200
Money I can borrow for college and will need to pay back with interest.
Choose:
Debt Or Loan
$200
What is a loan?
$300
Free money that does not need to be paid back.
Choose between:
Grant OR Credit
$300
What is a Grant?
$400
Money I earn from a campus job while I am in college.
$400
What is work-study?
$100
How much it costs me to borrow money.
Choose between:
Debt or Interest
$100
What is interest?
$200
Money I borrow from a bank or for-profit company—often with higher interest that starts piling-up immediately.
Choose between:
Government Loans OR Private Loans
$200
What are private loans?
$300
An important application I need to file each year to qualify for federal and state grants, subsidized loans, and work-study.
$300
What is the FAFSA?
$400
Financial aid can be used for the following.
Choose:
$400
What is College & Some Vocational Programs?
Final Jeopardy
People you can turn to when you need help completing financial aid.
(list at least 2)
Final Jeopardy
What are family members, your college counselor, your PM, and your mentor?