Scholarship/FinancialAid True or False Game

Materials Needed:

  • Attached TRUE/FALSE statement cards
  • Fun Shape to attach to statements

Time Allowed:20-30 minutes

Directions:

  1. Print out below true & false statements (one set for each group you anticipate plus one page for leader to use as answer key). The left column are the true statements, the right column are the false statements.
  2. Cut statements apart and tape statements to a fun shape or cut-out (ex. Foam or heavy card stock die cuts of dollar signs, graduation hats, play money, peace signs, etc.)
  3. Split participants into small groups of 3-5.
  4. Lay shapes with statements face down in front of group, with instructions to not start until leader says “Go”.
  5. Groups will have 5 minutes to decide if the statements are true or false. Groups place each statement into a “true” or a “false” pile in front of them.
  6. Give a one minute warning. When five minutes is up, go over each statement as one large group and give the correct answer. If necessary, assign a neutral person to monitor correct and incorrect answers of small groups.
  7. Count up correct and incorrect answers. Subtract number incorrect from number correct. The small group with the highest number wins the game. A small prize or piece of candy could be given to the winning group.

Note: Look over the statements and change/remove any that may not be relevant to your GEAR UP program. GEAR UP Scholarships may not be part of all GEAR UP programs.

TRUEFALSE

Loans are considered part of your financial aid package, even though you have to pay them back. / The priority deadline for FAFSA submission according to the Federal guidelines is April 1.
Students may sign up in the 7th or 8th grade, and need only apply once. The deadline for all applicants is by June 30 at the end of their 8th grade year. / Personal copies of tax returns can be submitted for FAFSA tax verification.
Parents of dependent students will need to apply for a PIN. / Students are considered independent if they exclusively pay for their college expenses.
Students or parents can request a Tax Transcript by phone, mail or online. / You have to have a 4.0 to sign up for thewashboard.org
The IRS Data Retrieval process will autocomplete adjusted gross income (AGI) and taxes paid data in the FAFSA application. / At any point in college, students can qualify for the Pell Grant as long as they are pursuing a degree and have good SAP standing (and are income eligible).
Students who complete the FAFSA by the priority deadline are less likely to be selected for verification. / Students can spend financial aid money on any expenses while they are in college.
30% of Pell-eligible students are selected for tax verification after submitting the FAFSA. / Students who apply early decision must have their application done prior to the beginning of the school year.

TRUEFALSE

Based on materials from the University of Wyoming GEAR UP Wyoming, Laramie, WY