Financial Aid
Master Your Financial Aid Knowledge
Test your understanding of financial aid processes with our engaging quiz designed for students and graduate professionals. Whether you're looking to clarify concepts or prepare for discussions, this quiz covers essential topics!
- Understand financial aid requirements and processes
- Explore loan management for grad students
- Learn about Satisfactory Academic Progress
Why isn’t financial aid appearing on a student’s bill (i.e., Payments/Account Summary) but it does appear on their financial aid screen as offered aid (i.e., View Financial Aid)?
The student did not accept their awards
The student did not submit the FAFSA
The student did not register
The student did not complete a Bio-Demo Form
How can GRAD students edit their Unsubsidized and/or Grad PLUS loan amount before they accept their award(s)? (Note: They could do the same thing after they accept it too, but they run the risk of being refunded the amount they do not want if funds are already disbursing)
Talk to the Federal Government
Walk in to the Financial Aid Office
Complete a Loan Revision Form
Decline the amount online
Why would a student’s loans still appear as Anticipated Aid on their bill even though the student accepted the awards?
The student didn’t complete the required documents (e.g., MPN and Entrance Counseling)
The student accepted all awards and completed all documents
The student was not yet awarded financial aid
The student didn’t tell ’Canes Central they wanted their aid to move from anticipated to actual aid
What is SAP?
Satisfactory Academic Progress
Standard Administrative Processes
Strong Academic Performance
Standing Academic Penalties
What is the document submission SLA for financial aid?
3-5 business days
7 business days
10 business days
15 business days
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