Intro to Education
The ABCs of Financial Aid
So how do I get financial aid?
That’s a great question. When it comes time for school, you’ll want to fill out two forms: the Free Application for Federal Student Aid , known as the FAFSA ®, and the CSS Profile®.
What is the first step in applying for financial aid?
Filling out the FAFSA^(®)
Contacting the admissions office of the institution you want to attend
Researching student loan rates
None of the above
What is a federal subsidized student loan?
A loan in which the government pays the interest while the student is enrolled
An interest-free student loan
A loan that only has to be paid back if a student fails to graduate
A loan that is interest-free as long as the borrower keeps current on the payments
What’s an SAI?
A government indicator used to calculate your financial aid eligibility
A type of index fund
A federal financial aid form
A federal student loan program