Myth Busters

   
  College lingo can be confusing at times. With so much going on, things can get confusing fast. How well do you know your college lingo? FAFSA is a term you will hear a lot, but do you know what it is?  
  1 Campus housing application  
  2 Form that determines eligibility for financial aid  
  3 A club/organization for college students  
  4 Meal plan for students living in dorms  
   
  Are you discouraged because you think the possibility of receiving a scholarship is too slim to even waste your time applying? How much money do you think the University of Alaska gives away each year in scholarships?  
  1 Definitely over $6 million.  
  2 Definitely under $6 million.  
  3 Maybe a few hundred thousand dollars?  
  4 The University of Alaska offers scholarships?  
   
  Do you know all the types of Financial Aid available to students? You have probably heard of student loans; however that is just one option students may choose to pay for college. Test your knowledge of financial aid by choosing which one of the following is not a type of financial aid:  
  1 Loans  
  2 Grants  
  3 Scholarships  
  4 Savings Accounts  
   
  College lingo can be confusing at times. With so much going on, things can get confusing fast. How well do you know your college lingo? FAFSA is a term you will hear a lot, but do you know what it is?  
  1 Campus housing application  
  2 Form that determines eligibility for financial aid  
  3 A club/organization for college students  
  4 Meal plan for students living in dorms  
   
  Need some help paying for college? The average cost for in-state tuition and fees for a full-time student are about $3477 per year at the University of Alaska. Receiving financial aid can help alleviate some of the burden of paying this all yourself. Last year the average student received $______ in financial aid.  
  1 I have heard that financial aid does not even cover fees, so I am going to guess $500.  
  2 I am sure the average student can pay for at least tuition and fees, plus have some money left over for books and supplies--$5000 should cover it.  
  3 I have heard that students can pretty much take out as much money as they want and then just pay it all off when they graduate, so the number has got to be pretty high, say $10,000.  
  4 None of the above. The average student does not receive financial aid.  
     
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