Financial Aid Missing Docs New Hire Test Do Not Use

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| By Defaultpreventio
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Quizzes Created: 9 | Total Attempts: 1,970
Questions: 25 | Attempts: 103

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Financial Aid Missing Docs New Hire Test Do Not Use - Quiz


Questions and Answers
  • 1. 

    A student asks where he should send his Tax Transcripts for Verification. How should you respond?

    • A.

      A. Tell him to walk into the Financial Aid Office

    • B.

      B. Ask him to email it to you directly

    • C.

      C. Ask him to login to Student Portal Document Center and upload it under the Missing Documents tab

    • D.

      D. Tell him to mail it to his Financial Aid Planner

    Correct Answer
    C. C. Ask him to login to Student Portal Document Center and upload it under the Missing Documents tab
    Explanation
    The correct answer is C. This is the best response because it provides the student with clear instructions on where to send his Tax Transcripts for Verification. By asking him to login to the Student Portal Document Center and upload it under the Missing Documents tab, it ensures that the documents are sent to the appropriate department for verification. This is a convenient and efficient method for the student to submit his Tax Transcripts.

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  • 2. 

    What filters and sorting should you complete in Document Tracking to identify which documents are Missing?

    • A.

      A. Filter Enrollment for most current Enrollment, Filter Module by Admissions, and sort by Document

    • B.

      B. Filter Enrollment for most current Enrollment, Filter Module by Financial Aid, and sort by Status - Missing

    • C.

      C. Filter Enrollment for Drop Enrollment, Filter Module by Financial Aid, and sort by Status – On File

    • D.

      D. Filter Enrollment for Grad Enrollment, Filter Module by Financial Aid, and sort by Source

    Correct Answer
    B. B. Filter Enrollment for most current Enrollment, Filter Module by Financial Aid, and sort by Status - Missing
    Explanation
    In order to identify which documents are missing in Document Tracking, the user should filter the enrollment for the most current enrollment, filter the module by Financial Aid, and sort the documents by the status "Missing". This combination of filters and sorting will help to narrow down the documents that are missing and need attention.

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  • 3. 

    Where can a student make a correction to his or her school code on the FAFSA?

    • A.

      A. The student can go to iGrad to submit the correction.

    • B.

      B. The student can make the correction at FAFSA on the Web through the link listed under Popular Links in the Student Portal Document Center, fafsa.ed.gov.

    • C.

      C. The student can go to IRS.gov to make the FAFSA correction.

    • D.

      D. The student can call (800)12FAFSA to make the correction.

    Correct Answer
    B. B. The student can make the correction at FAFSA on the Web through the link listed under Popular Links in the Student Portal Document Center, fafsa.ed.gov.
  • 4. 

    What are two ways a student can get his tax information required for Verification? Select two choices.

    • A.

      A. Use the IRS Data Retrieval Tool through FAFSA on the Web.

    • B.

      B. Visit www.irs.gov/Individuals/Get-Transcript to view and print tax transcript online immediately.

    • C.

      C. Go to Turbo Tax and print a copy of the tax return.

    • D.

      D. Ask the tax preparer to print a copy of the tax return.

    Correct Answer(s)
    A. A. Use the IRS Data Retrieval Tool through FAFSA on the Web.
    B. B. Visit www.irs.gov/Individuals/Get-Transcript to view and print tax transcript online immediately.
    Explanation
    A student can get his tax information required for Verification by using the IRS Data Retrieval Tool through FAFSA on the Web. This tool allows students to transfer their tax information directly from the IRS to their FAFSA application, making the process more efficient and accurate. Additionally, the student can also visit www.irs.gov/Individuals/Get-Transcript to view and print tax transcript online immediately. This option provides access to official tax documents that may be required for verification purposes.

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  • 5. 

    Which of these documents can clear a Social Security Administration C-Code for US Citizenship?

    • A.

      A. Selective Service Letter

    • B.

      B. Drivers License

    • C.

      C. US Certificate of Naturalization

    • D.

      D. Green Card

    Correct Answer
    C. C. US Certificate of Naturalization
    Explanation
    The US Certificate of Naturalization can clear a Social Security Administration C-Code for US Citizenship because it is an official document that proves an individual has obtained US citizenship through the naturalization process. This document is issued by the US government and provides legal recognition of an individual's status as a US citizen.

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  • 6. 

    True or False? All students, male and female, between the ages of 18-25 must register with Selective Service.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because only males between the ages of 18-25 are required to register with Selective Service. Females are not required to register.

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  • 7. 

    How does a student apply for all types of Federal Student Aid?

    • A.

      A. Complete a Master Promisory Note (MPN)

    • B.

      B. Complete an Application for Free Aid

    • C.

      C. Complete Entrance Counseling (EC)

    • D.

      D. Complete a FAFSA

    Correct Answer
    D. D. Complete a FAFSA
    Explanation
    To apply for all types of Federal Student Aid, a student needs to complete a FAFSA (Free Application for Federal Student Aid). This application is used to determine the student's eligibility for various federal financial aid programs, such as grants, loans, and work-study opportunities. By completing the FAFSA, students provide information about their financial situation, which is then used to calculate their Expected Family Contribution (EFC). This EFC helps determine the amount of aid the student may be eligible for. Therefore, completing a FAFSA is the correct way for a student to apply for all types of Federal Student Aid.

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  • 8. 

    Which one of these choices is NOT a Federal Student Loan?

    • A.

      A. Direct Subsidized Loan

    • B.

      B. Genesis Loan

    • C.

      C. Perkins Loan

    • D.

      D. Direct PLUS Loan

    Correct Answer
    B. B. Genesis Loan
    Explanation
    The correct answer is B. Genesis Loan. This is because the question asks for a loan that is NOT a Federal Student Loan, and all the other options (A. Direct Subsidized Loan, C. Perkins Loan, and D. Direct PLUS Loan) are indeed Federal Student Loans.

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  • 9. 

    If the student tells you he completed Entrance Counseling in igrad already, where do you look to ensure it is completed when it is still showing Missing in CampusVue?

    • A.

      A. Student Document Center

    • B.

      B. Fafsa.ed.gov

    • C.

      C. Account Management

    • D.

      D. igrad Admin

    Correct Answer
    D. D. igrad Admin
    Explanation
    To ensure that the student's completion of Entrance Counseling in igrad is reflected correctly, you would look in the igrad Admin. This is because the student claims to have completed it in igrad, so checking the igrad Admin would be the most logical place to verify this information. The other options (Student Document Center, Fafsa.ed.gov, and Account Management) are not specifically related to igrad and may not provide the necessary information about the completion status.

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  • 10. 

    Which of these steps MUST be completed before clicking the Account Management Link in cvtools?

    • A.

      A. Reset Password

    • B.

      B. Create Account

    • C.

      C. Create an Activity in CampusVue

    • D.

      D. Set Default Campus in CampusVue to student's campus

    Correct Answer
    D. D. Set Default Campus in CampusVue to student's campus
    Explanation
    Before clicking the Account Management Link in cvtools, it is necessary to set the default campus in CampusVue to the student's campus. This step ensures that the account management link will direct the user to the correct campus for managing their account. Without setting the default campus, the link may lead to the wrong campus and cause confusion or errors in account management.

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  • 11. 

    V6 requires which of these documents if the student does not meet the minimum financial support?

    • A.

      A. Low Income Verification documentation

    • B.

      B. Pay Stubs

    • C.

      C. Employment Statement

    • D.

      D. Master Promissory Note

    Correct Answer
    A. A. Low Income Verification documentation
    Explanation
    If the student does not meet the minimum financial support, V6 requires Low Income Verification documentation. This suggests that the student needs to provide proof of their low income in order to qualify for V6. Pay stubs and employment statements may not be sufficient to demonstrate low income, and a Master Promissory Note is unrelated to financial support.

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  • 12. 

    What steps do you take when adding an Activity in CampusVue?

    • A.

      Choose SF-Student Note subject, leave the activity pending, type the comment

    • B.

      Choose SF-Student Note subject, close the Activity, copy and paste the notes from TalkTrac along with any additional notes

    • C.

      Choose SF-Financial Aid Missing subject, close the Activity, type the comment

    • D.

      Choose SF-Verification subject, close the Activity, copy and paste the notes from TalkTrac along with any additional notes

    Correct Answer
    B. Choose SF-Student Note subject, close the Activity, copy and paste the notes from TalkTrac along with any additional notes
    Explanation
    When adding an Activity in CampusVue, the correct steps to follow are to choose the SF-Student Note subject, close the Activity, and then copy and paste the notes from TalkTrac along with any additional notes. This ensures that the activity is properly categorized and documented with relevant information from TalkTrac.

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  • 13. 

    True or False? The Statement of Educational Purpose must always be notarized.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement of educational purpose does not always need to be notarized. Notarization is only required in certain cases, such as when applying for federal student aid in the United States. In other situations, the statement may need to be signed and dated by the applicant, but not necessarily notarized. Therefore, the correct answer is false.

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  • 14. 

    Which of these documents is acceptable Proof of Graduation of High School or Equivalency?

    • A.

      A. High School Attestation

    • B.

      B. Student Statement

    • C.

      C. Completion of 12 credit hours of college

    • D.

      D. GED Certificate

    Correct Answer
    D. D. GED Certificate
    Explanation
    The GED Certificate is an acceptable proof of graduation of high school or equivalency because it signifies that the individual has passed the General Educational Development (GED) test, which is a recognized alternative to a high school diploma. This certificate demonstrates that the individual has the same level of knowledge and skills as a high school graduate, making it a valid proof of graduation or equivalency.

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  • 15. 

    Which of these is considered Non-Need Based Federal Aid?

    • A.

      A. Direct Unsubsidized Loan

    • B.

      B. Pell

    • C.

      C. Direct Subsidized Loan

    • D.

      D. SEOG

    Correct Answer
    A. A. Direct Unsubsidized Loan
    Explanation
    A Direct Unsubsidized Loan is considered Non-Need Based Federal Aid because it is available to all students regardless of their financial need. Unlike a Direct Subsidized Loan, which is need-based and the government pays the interest while the student is in school, a Direct Unsubsidized Loan accrues interest from the time it is disbursed. Therefore, the availability of this loan is not dependent on the student's financial need.

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  • 16. 

    Which tab in the Student Portal Document Center shows which documents are in a Missing status?

    • A.

      A. Estimate

    • B.

      B. Documents Due

    • C.

      C. Documents Complete

    • D.

      D. Resources

    Correct Answer
    B. B. Documents Due
    Explanation
    The Documents Due tab in the Student Portal Document Center shows which documents are in a Missing status. This means that if a document is missing or has not been submitted, it will be displayed in this tab. It helps students keep track of the documents they need to submit and ensures that all required documents are accounted for. The Documents Due tab is a useful tool for students to stay organized and ensure that they have submitted all the necessary documents.

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  • 17. 

    FAFSA stands for ____________.

    • A.

      A. Free Application for Fun Student Aid

    • B.

      B. Federal Application for Fundamental Student Aid

    • C.

      C. Free Application for Federal Student Aid

    • D.

      D. Fundamental Application for Federal Student Aid

    Correct Answer
    C. C. Free Application for Federal Student Aid
    Explanation
    The correct answer is C. Free Application for Federal Student Aid. FAFSA is an acronym that stands for Free Application for Federal Student Aid. This application is used by students in the United States to apply for financial aid for college or university. The FAFSA determines a student's eligibility for federal grants, loans, and work-study programs. It is an important step in the college application process as it helps determine the amount of financial aid a student may receive.

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  • 18. 

    What is the best way to complete a FAFSA?

    • A.

      A. FAFSA on the phone

    • B.

      B. FAA Access to CPS

    • C.

      C. FAFSA on the Web

    • D.

      D. Paper FAFSA

    Correct Answer
    C. C. FAFSA on the Web
    Explanation
    The best way to complete a FAFSA is by using the FAFSA on the Web. This online platform allows individuals to easily and conveniently fill out and submit their FAFSA application. It provides step-by-step guidance and prompts to ensure all necessary information is included. Additionally, it offers various features such as the ability to import tax information directly from the IRS, which can simplify the process and reduce errors. Overall, using the FAFSA on the Web is the most efficient and user-friendly method for completing a FAFSA application.

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  • 19. 

    True or False? If the parent's email address on file is the same as the student's email address, the parent will NOT be able to e-sign electronic documents.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    If the parent's email address on file is the same as the student's email address, the parent will not be able to e-sign electronic documents. This is because the system recognizes that the email addresses are the same and assumes that the parent and student are the same person. Therefore, the parent's e-signature is not considered valid in this case.

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  • 20. 

    What is the best way to complete a Verification Worksheet?

    • A.

      A. Sign a paper document then email it

    • B.

      B. Sign a paper document at the campus

    • C.

      C. Student Outreach emails the document to the student to sign

    • D.

      D. Complete electronically in the Student Portal Document Center

    Correct Answer
    D. D. Complete electronically in the Student Portal Document Center
    Explanation
    The best way to complete a Verification Worksheet is to complete it electronically in the Student Portal Document Center. This method allows for a more efficient and streamlined process, as it eliminates the need for printing, signing, and scanning or mailing the document. Completing the worksheet electronically also ensures that the document is securely stored and easily accessible for both the student and the institution.

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  • 21. 

    Select all required documents for V1 Verification.

    • A.

      Standard Verification Worksheet

    • B.

      Tax Transcripts or 02 IRS Data Retrieval Code for tax-filers

    • C.

      Pay stubs

    • D.

      W2 or reason W2 cannot be provided if a non-filer who earned income

    Correct Answer(s)
    A. Standard Verification Worksheet
    B. Tax Transcripts or 02 IRS Data Retrieval Code for tax-filers
    D. W2 or reason W2 cannot be provided if a non-filer who earned income
    Explanation
    The correct answer includes the documents that are required for V1 Verification. These documents are the Standard Verification Worksheet, Tax Transcripts or 02 IRS Data Retrieval Code for tax-filers, and W2 or reason W2 cannot be provided if a non-filer who earned income. These documents are necessary for verifying information related to taxes, income, and financial status.

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  • 22. 

    What details can be found on the agent panel in the LiveOx dialer?

    • A.

      A. Last 4 digits of the student's Social Security Number

    • B.

      B. Student's date of birth

    • C.

      C. Student's first and last name

    • D.

      D. All of the above

    Correct Answer
    D. D. All of the above
    Explanation
    The agent panel in the LiveOx dialer contains all of the above details, including the last 4 digits of the student's Social Security Number, the student's date of birth, and the student's first and last name.

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  • 23. 

    True or False? Students and parents can sign the FAFSA with their individual pin numbers.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The explanation for the correct answer, True, is that both students and parents can sign the FAFSA (Free Application for Federal Student Aid) with their individual pin numbers. The FAFSA is a form that students and their parents must complete in order to apply for federal financial aid for college. Each individual is required to have their own unique pin number to electronically sign the form and verify their identity. This allows both students and parents to have their own separate login credentials and sign the FAFSA independently.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jun 04, 2014
    Quiz Created by
    Defaultpreventio
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