FAFSA FAFSA 5

Question 1

Which of the following can make a student INELIGIBLE for federal student aid?

Accepted Answer

Defaulting on a previous federal student loan

Answer

Being enrolled less than full-time

Answer

Attending a public college

Answer

Living off campus

Question 2

What general citizenship status is required to receive federal student aid through the FAFSA?

Accepted Answer

U.S. citizen or eligible noncitizen

Answer

Any international student

Answer

Tourist visa holder

Answer

Only naturalized citizens

Question 3

To keep receiving federal aid, students must maintain what?

Accepted Answer

Satisfactory Academic Progress (SAP)

Answer

A part-time job

Answer

A perfect 4.0 GPA

Answer

Membership in a club

Question 4

When does the FAFSA application cycle typically open each year?

Accepted Answer

October 1 (or as announced)

Answer

January 1

Answer

June 30

Answer

April 15

Question 5

What document does a student receive after submitting the FAFSA that summarizes their information?

Accepted Answer

FAFSA Submission Summary

Answer

Tax transcript

Answer

Award letter from the IRS

Answer

Enrollment certificate

Question 6

A student can list how their FAFSA information is sent to schools by adding what?

Accepted Answer

School codes (Federal School Codes)

Answer

ZIP codes only

Answer

Bank routing numbers

Answer

Course catalog numbers

Question 7

If a family experiences a major income loss after filing, what should they do?

Accepted Answer

Contact the school's financial aid office for a professional judgment review

Answer

Refile the FAFSA from scratch

Answer

Wait until next year

Answer

Nothing can be done