Career Prep Unit 2 Test

Which of the following is a list of financial aid sources that provide money you DON'T have to pay back?

• Scholarships, Federal Loans, Private Loans

• Private Loans, Scholarships, Work-Study

• Work-Study, Grants, Scholarships

• None of these

Short-term goals are those that:

• Can be accomplished as a child

• Can be accomplished within a month

• Can be accomplished within a year

• Can be accomplished within five years

As it applies to goals, the acronym SMART stands for which of the following?

• Specific, Measurable, Attainable, Realistic, Time-bound

• Speedy, Meaningful, Actual, Real, Tangible

• Strategy, Marketable, Affirmative, Right-now, Teachable

• Straight, Main, Aligned, Right, Tough

Which of the following MUST you do in order to receive federal financial aid through FAFSA?

• Have a 4.0 GPA

• Be 21 years old

• Have a college degree

• Have a high school diploma or GED

If you receive federal financial aid, you could use it to pay for which of the following?

• A new ski boat

• A trip to New York City

• Your dorm on campus

• Tickets to the Superbowl

Goals that can be accomplished in more than one year are known as:

• Futuristic goals

• Short-term goals

• Long-term goals

• Delayed goals

Something a person intends to accomplish is a what?

• Challenge

• Goal

• Plan

• Career

As it applies to financial aid, which of these is considered money you have to repay?

• Scholarships

• Work-study

• Loans

• Grants

Bobby wants to reduce the costs of attending college. Which of these will NOT help him do this?

• Living at home

• Going to school part-time

• Attend a public college

• Attend an out-of-state college

As an undergraduate, being a full-time college student means you are enrolled in at least how many credit hours?

• 8

• 12

• 15

• 20