Paying for & Attending College Test Bank all questions

Front

When paying for higher education, scholarships and grants can be considered _____.

Back

free money

Front

The biggest difference between scholarships and loans is that scholarships are considered _____ but loans must be paid back.

Back

free money

Front

_____ is considered "free money" when financing higher education?

Back

Scholarships and grants

Front

When paying for higher education, money that you borrow and must pay back later comes from _____.

Back

loans

Front

Loans are different from scholarships and grants since ____.

Back

loans must be paid back

Front

This method of funding higher education accrues interest until it is paid back?

Back

Loans

Front

What financial options should you consider first when paying for higher education?

Back

Scholarships and grants

Front

Why is it important to consider loans last when paying for higher education?

Back

Loans need to be paid back, but scholarships and grants are free money.

Front

Why is it important to consider scholarships and grants before loans to pay for higher education?

Back

Scholarships and grants are free money that do not need to be paid back.

Front

What do you need to submit in order to access need-based federal aid and federal loans?

Back

The FAFSA