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6.2 Applying for the FAFSA
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What is the average amount of student debt for college graduates?
 
$37,090
 
$27,000
 
$17,000
 
$7,000
What is the chance that a FAFSA applicant will get some type of financial aid for college?
 
85%
 
55%
 
35%
 
15%
How much does it cost to file the FAFSA each year?
 
It's free
 
$85.00
 
It depends on your family's income
 
It depends on what college you go to
When does the FAFSA officially open each year?
 
October 1
 
October 15
 
November 1
 
November 15
Which of the following people does NOT need to file a FAFSA?
 
sr in college taking a year off before joining the military
 
sr in high school applying to community college
 
senior in college applying to grad school
 
a part-time student enrolling as full-time next year
Why should you avoid giving your personal information over the phone if you didn't initiate the call?
 
To protect yourself from identity theft
 
To protect yourself from getting too much aid
 
To ensure the public can access your information
 
You can give your info over the phone without any concerns
What is the Net Price?
 
What you pay after you receive scholarships and grants
 
published cost of tuition and fees along with room & board
In what month does the FAFSA become available for the following year and when is the best time to submit it?
 
October
 
September
 
December
 
August
What is the purpose of the FAFSA, or Free Application for Federal Student Aid?
 
provides access to financial aid from the Federal government
 
provides scholarships
How often do you need to file the FAFSA?
 
each year you will be in school
 
once
 
never
How often do you need to file the FAFSA?
 
each year you will be in school
 
once
 
never
The LOWER your SAI, the (LESS/MORE) need-based financial aid you’ll be eligible to receive.
 
MORE
 
LESS


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