All tests will include a combination of multiple-choice and scenario-based questions. The following examples are similar in structure and scope to the questions that will appear on the test for this topic.

1. For Federal Pell Grant and IASG purposes, a payment period beginning before July 1 and ending on or after July 1 of the same calendar year is a

• module.
• mini-session.
• nonstandard term.
• CORRECT: crossover payment period.

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2. Which one of the following factors directly affects the calculation of an IASG award?

• Expected family contribution
• Cost of attendance
• CORRECT: Enrollment status
• Anticipated graduation date

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3. Which one of the following types of programs must use Pell Formula 3?

• Clock-hour programs
• Nonterm credit-hour programs
• CORRECT: Nonstandard term programs
• Standard term programs

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4. For term-based credit-hour programs, the school must recalculate Federal Pell Grant and IASG awards under each of the following circumstances, EXCEPT when

• the student’s expected family contribution changes as a result of verification, updates, corrections, or professional judgment adjustments to applicant data.
• CORRECT: the cost of attendance changes, but enrollment status does not change.
• actual or projected enrollment changes between terms in the same award year.
• projected enrollment status changes during the payment period, and before the student begins attendance in all classes.

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