Financial Planning and Financial Aid in Nursing School

These flashcards cover key concepts related to financial planning and financial aid for nursing students at UAB, helping students prepare for their exams.

The cost associated with attending college, including housing, meal plans, transportation, and miscellaneous expenses, is known as __.

Cost of Attendance

The amount of money a family is expected to contribute towards their child's college education is called __.

Estimated Family Contribution (EFC)

Students may receive different types of financial support, such as grants, scholarships, and __ programs.

Work-study

The financial aid application that students must complete to access federal aid is known as __.

FAFSA (Free Application for Federal Student Aid)

When assessing university living expenses, students should __ the gathered information based on their own budget.

Adjust

A student who works between 15 to 20 hours a week is likely to have __ compared to those who do not work.

Typically better grades

Types of financial aid such as __ require students to pay back the funds after graduation.

Loans

A program designed specifically to provide funding opportunities for nursing students is the __.

Nurse Corps Scholarship Program

The cost of __ typically includes rent, security deposits, and utilities for students living in dorms or rental homes.

Housing

The charges for attending classes at a university, including tuition and related fees, are categorized as __.

Tuition & Fees