Unit 4 Test - Paying for College - Matthew Goldstein | Library

1

In order to qualify for financial aid, which of the following must be filled out?

1

While researching the colleges you are considering, you see an ad that says, "Enter a few vital pieces of information, pay $19.99 per month, and we guarantee you'll win a scholarship. You don't even have to write an essay! Sign up today with just your name, social security number, and an email address!" How should you proceed?

1

Which of these options depicts the types of financial aid from MOST attractive to LEAST attractive?

1

Which statement is true about the value of education?

1

What is the formula for calculating net price?

1

Which type of financial aid is described?: I have limits on the amount that you can borrow based on your year in college. The federal government makes the interest payments on me while you are in college, and you make the interest payments on me after you graduate.

1

Tiffany lives on campus. Which of the following cost categories can she most likely remove from her budget?

1

When Emmanuel receives his Student Aid Report, it lists an Expected Family Contribution of $8000. His family had only budgeted to give him $2000, so they are $6000 short. Which piece of advice is LEAST useful in this situation?

1

What is a good rule of thumb to consider when it comes to student loan debt?

1

How much does it cost to file the FAFSA?

1

Typically, when should you FIRST file the FAFSA?

1

Your financial aid package at your dream school includes eligibility for a work-study job. Which of these is a valid reason for rejecting that opportunity?

1

Frank is comparing different financial aid award letters he has received. He notices that some of the letters do not contain sufficient information for him to determine the net price for that school. What is the BEST course of action that Frank can take?

1

Which of the following statements about applying for grants and scholarships is FALSE?

1

Greg has just completed the FAFSA. His student aid report indicates his EFC is $6,000. What does this mean?

1

Each of the following organizations award grants to college students EXCEPT…

1

Which of these two documents are the same?

1

As you make decisions during college, you should focus on…

1

Which of the following is a good strategy to use when it comes to paying for college?

1

Who qualifies for a Direct PLUS loan?

1

When are payments on federal student loans due?

1

In what month is the FAFSA available and when is the best time to submit it?

1

Which of the following statements about applying for grants and scholarships is TRUE?

1

Unit 4 Test - Paying for College

In order to qualify for financial aid, which of the following must be filled out?

Which of these options depicts the types of financial aid from MOST attractive to LEAST attractive?

Which statement is true about the value of education?

What is the formula for calculating net price?

Which type of financial aid is described?: ﻿I have limits on the amount that you can borrow based on your year in college. The federal government makes the interest payments on me while you are in college, and you make the interest payments on me after you graduate.

Tiffany lives on campus. Which of the following cost categories can she most likely remove from her budget?

When Emmanuel receives his Student Aid Report, it lists an Expected Family Contribution of $8000. His family had only budgeted to give him $2000, so they are $6000 short. Which piece of advice is LEAST useful in this situation?

What is a good rule of thumb to consider when it comes to student loan debt?

How much does it cost to file the FAFSA?

Typically, when should you FIRST file the FAFSA?

Your financial aid package at your dream school includes eligibility for a work-study job. Which of these is a valid reason for rejecting that opportunity?

Frank is comparing different financial aid award letters he has received. He notices that some of the letters do not contain sufficient information for him to determine the net price for that school. What is the BEST course of action that Frank can take?

Which of the following statements about applying for grants and scholarships is FALSE?

Greg has just completed the FAFSA. His student aid report indicates his EFC is $6,000. What does this mean?

Each of the following organizations award grants to college students EXCEPT…

Which of these two documents are the same?

As you make decisions during college, you should focus on…

Which of the following is a good strategy to use when it comes to paying for college?

Who qualifies for a Direct PLUS loan?

When are payments on federal student loans due?

In what month is the FAFSA available and when is the best time to submit it?

Which of the following statements about applying for grants and scholarships is TRUE?

What is the relationship between the FAFSA, a Student Aid Report (SAR), and a Financial Aid Package?

Which type of financial aid is described?: I have limits on the amount that you can borrow based on your year in college. The federal government makes the interest payments on me while you are in college, and you make the interest payments on me after you graduate.