A college gives Jana $2,500 based on financial need, and she does not have to repay it. What type of aid is this?

A community foundation gives Omar $1,500 for winning a robotics competition, with no repayment required. What type of aid did Omar receive?

Pia is offered a campus lab job that pays $14 per hour for 8 hours each week. Which form of aid is described?

Andre receives $4,000 for tuition now and must repay the amount later, usually with interest. What type of aid is it?

A college awards Mei $3,000 because of her academic record and says repayment is not required. What type of aid is this?

A government program gives Leo money for college because his family has financial need, with no repayment required. What type of aid is this?

Nora's award letter says $1,800 is based on her financial need and does not have to be repaid. How should she classify the $1,800?

A statewide contest offers Devon $2,000 for an essay and does not require repayment. What type of aid is the contest award?

Marcus's scholarship letter calls the award renewable. What does that mean?

Elena's scholarship renews only while she is enrolled full time. At most colleges, which semester course load would end her eligibility?

A service scholarship requires 20 volunteer hours each school year. Which schedule fails to meet that requirement?

A scholarship is only for students majoring in engineering. Which change could make Tess ineligible to renew it?

Rina's scholarship renews with at least a 3.0 GPA and 12 completed credits. She earns a 2.8 GPA and completes 15 credits. Why would it not renew?

A scholarship requires a renewal application by April 1. Jordan submits it on April 3. What is the likely result under that condition?

Which aid package consists only of gift aid, meaning money the student neither repays nor earns through work?

College A offers a $3,000 grant and a $2,000 federal loan. College B offers a $2,000 scholarship and a $3,000 federal loan. Which choice leaves less loan principal to repay?

Nia's award includes a $2,000 grant, $1,500 work-study offer, $3,000 federal loan, and $1,000 scholarship. Which portion ordinarily must be repaid?

Malik can accept either a $2,500 scholarship or a $2,500 federal student loan. What changes if he accepts the loan instead?

Tuition is $18,000. An award includes a $4,000 grant, $2,000 scholarship, and $3,000 federal loan. How much gift aid reduces the cost without future repayment?

Ravi takes a $5,000 unsubsidized federal loan. What happens to its interest while he is in school?

Kayla receives an award because she volunteered 100 hours at a food bank. What source of value is the award recognizing?

A college uses FAFSA information and the student's cost of attendance to award money that does not require repayment. What source of value is the award using?

Sofia's scholarship pays her tuition and her dorm room and meals. Which part may count as taxable income?

A union foundation awards Priya money for college because her parent belongs to the union. What source of value supports the award?

Ava's cost of attendance is $25,000. Her award has a $6,000 grant, $2,000 scholarship and $5,000 federal loan. What is her net price?