Match the scenarios with terms related to financial aid.

A. Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan's education.

B. Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session in which he will learn the how the loan process works, as well as his responsibilities as a borrower.

C. Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family.

1. Entrance Counseling

2. FAFSA

3. Financial Need

A) 3-Financial Need; B) 1-Entrance Counseling; and C) 2-FAFSA.

Step-by-step explanation:

Financial need describes a student's ability (or inability) to pay for college tuition. Since Megan's father lost his job and they have been unable to save money, this situation is about Megan's financial need.

Entrance counseling describes interviews and information regarding the process for obtaining financial aid as well as obligations involved in receiving loans. This describes Kunal's situation.

The FAFSA is the Free Application for Federal Student Aid. This involves creating an ID and filling out a form describing all types of income a student and his/her family receives.

financial aid, entrance counseling, FAFSA