Sign up for FREE

Unit 9 Quiz

Last updated almost 2 years ago

9 questions

1

1

1

1

1

1

1

1

1

Question 1

1.

The ACTUAL price you will pay to attend college or vocational school is called the

Net Price

Sticker Price

Real Cost

Opportunity Cost

Question 2

2.

The price a college or vocational school tells gives you is called the

Net Price

Sticker Price

Real Cost

Opportunity Cost

Question 3

3.

Generally, the NET price for college or vocational school is ______ than the STICKER price

Less

More

Question 4

4.

The FAFSA costs you $10 per filing

True

False

Question 5

5.

How often should you fill out a FAFSA?

Once in your life

Once while in High School

Once while in College or Vocational School

Once a year while in College or Vocational School

Question 6

6.

Grants, scholarships and student loans all must be repaid after college

True

False

Question 7

7.

Grants and Scholarships are based ONLY on merit

True

False

Question 8

8.

Grants and Student Loans can come from the federal government

True

False

Question 9

9.

What is the main difference between an 'unsubsidized' loan and a 'subsidized' loan?

Unsubsidized loans earn interest while you are in school. Subsidized loans do not.

Unsubsidized loans don't earn interest while you are in school. Subsidized loans do.

Unsubsidized loans are not awarded based on merit. Subsidized loans are.

Unsubsidized loans are awarded based on merit. Subsidized loans are not.