What does fafsa stand for and who should fill out the fafsa

Assignment Help Financial Accounting

Reference no: EM133433846

Questions:

1.What does FAFSA stand for? Who should fill out the FAFSA?

2.When can you first file your FAFSA for the coming school year? What is the deadline?

3.What does EFC stand for? What is it used for?

4.What is the maximum PELL grant a student can receive in the current school year? How much money can you expect to get?

5.What is a Direct Consolidation Loan? What is the result of a direct Consolidation loan?

6.What are the differences between a Direct subsidized and a Direct unsubsidized loan?

7. What is Federal Work-Study? Can you work as many hours as you want if you are on Federal Work Study?

8.What is a Grace Period? What happens to your loan, interest-wise, while you are in a Grace Period?

9. What is Forbearance? What happens to your loan during Forbearance?

10. There are several criteria that would qualify you as an independent student for the current school year. What are two of them?

Reference no: EM133433846

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