CSU CSU Financial Aid and Tuition 2

Question 1

Which federal grant provides funds to undergraduate students with exceptional financial need and does not require repayment?

Accepted Answer

Federal Pell Grant

Answer

The Federal Pell Grant is a need-based grant for low-income undergraduate students that does not need to be repaid.

Question 2

What is the maximum number of semesters (full-time equivalent) for which a student can receive Federal Pell Grant funding?

Accepted Answer

12 semesters (6 years)

Answer

Students are eligible for up to 12 full-time equivalent semesters (equivalent to 6 years) of Pell Grant funding over their lifetime.

Question 3

What is the financial aid satisfactory academic progress (SAP) requirement that CSU students must meet to remain eligible for aid?

Accepted Answer

Maintain a minimum GPA and complete a certain percentage of attempted units

Answer

SAP requires CSU students to maintain a minimum cumulative GPA (usually 2.0) and complete at least 67% of all attempted units to keep financial aid eligibility.

Question 4

What CSU program provides supplemental financial support specifically to low-income first-generation college students through intensive support services and grants?

Accepted Answer

EOP (Educational Opportunity Program)

Answer

The Educational Opportunity Program (EOP) at CSU provides academic support and supplemental financial grants to first-generation, low-income students.

Question 5

Which type of federal student loan does NOT accrue interest while the borrower is enrolled at least half-time?

Accepted Answer

Federal Direct Subsidized Loan

Answer

Federal Direct Subsidized Loans do not accrue interest while the student is enrolled at least half-time, during the grace period, or during deferment.

(CSU) California State University Practice Test

(CSU) California State University Practice Test

CSU CSU Financial Aid and Tuition 2