Question

Drag the tiles to the correct boxes to complete the pairs. Match the scenarios with terms related to financial aid.

Answer 1

Financial Need - Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family.

FAFSA - Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session which he will learn how the loan process works, as well as his responsibilities.

Entrance Counseling - Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan's education.

Answer 2

Megan's scenario relates to financial need, Kunal's situation involves entrance counseling, and Josie's actions align with the FAFSA application process.

Matching the scenarios with terms related to financial aid:

1. Financial Need (c): Megan's situation of not having sufficient savings due to her father's job loss aligns with the concept of financial need, indicating a requirement for financial assistance.

2. Entrance Counseling (a): Kunal's need to attend a session to understand the loan process and his responsibilities as a borrower corresponds to entrance counseling, a requirement for individuals taking out federal student loans.

3. FAFSA (b): Josie creating an FSA ID and completing a detailed online application form with financial details indicates the Free Application for Federal Student Aid (FAFSA), a crucial step in determining eligibility for federal student aid.