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Financial Aid: Applicant Services

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Created Date 05.24.19
Last Updated 05.28.19
Viewed 6 Times
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Topics of this game:
  • The name of the plan that bases repayment on a borrower's income.
  • A tool that allows the federal government or a guaranty agency to have your employer withhold a portion of you
  • The addition of unpaid interest to the principal balance of a loan.
  • The process of combining one or more loans into a single new loan.
  • The total estimated cost for one academic year of college or career school before financial aid is applied.
  • Failure to repay a loan according to the terms agreed to in the promissory note.
  • A temporary postponement of payment on a loan that is allowed under certain conditions
  • A loan made by the U.S. Department of Education to parents of dependent undergraduate students
  • Payment of federal student aid funds to the borrower by the school.
  • someone who is approved on credit and who agrees to repay a Direct PLUS Loan if the borrower defaults
  • A mandatory information session that takes place before you receive your first federal student loan
  • A mandatory information session that takes place before you graduate or drop below half-time enrollment
  • This is a number that’s used to determine your eligibility for federal student financial aid. Expected _______
  • was phased out on May 10, 2015
  • FREE application used to apply for federal student aid, such as federal grants, loans, and work-study.
  • username and password combination that serves as a student’s or parent’s identifier
  • A company that collects payments and handles repayment questions
  • The disbursement of more federal student aid funds to a student than he or she is eligible to receive.
  • The total sum of money borrowed plus any interest that has been capitalized.
  • Law enforcement
  • A loan based on financial need for which the federal government generally pays the interest
  • A federal grant that provides up to $4,000 per year to students who agree to teach for four years
  • A debt collection tool that allows the government to seize income tax refunds and certain government benefits
  • A loan for which the borrower is fully responsible for paying the interest regardless of the loan status.
  • A federal student aid program that provides part-time employment while you are enrolled in school
  • The process your school uses to confirm that the data reported on your FAFSA form is accurate
  • program under which eligible students and parents borrow directly from the U.S. Department of Education