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Weekly Quiz 6
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Question 1 of 1
1. Question
Drag the correct word or phrase to the right-hand column next to its definition.
Sort elements
- dependency status
- direct billable costs
- FAFSA Simplification Act
- Financial Aid Administrator (FAA)
- indirect costs
- loan forgiveness
- SAI (Student Aid Index)
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Dependent students report their information and their parents' information when completing the FAFSA; independent students, which is uncommon, report only their own information
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What a student pays to start college, generally including tuition, fees, and room and board
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Federal law authorizing an overhaul of the process and systems used to award federal student aid starting with the 2024-25 award year
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A staff member at a school who administers financial aid programs
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Non-billable costs to attend college, generally including books, travel, and personal expenses
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The cancellation or reduction of a loan debt under the Direct Loan, FFEL, or Perkins Loan programs for certain types of public service
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Previously known as the Expected Family Contribution (EFC), SAI is a formula used to determine how much need-based financial aid a student is eligible for
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