Ch. 7 Quiz (College Planning)

Many high schoolers get so caught up in the idea of the college experience that they don't think critically about . . .

• Their high school GPA

• How their college choice will affect their financial future

• Their dream job

• What requirements they need to get into college

You can fund your education by finding the right mix of ____ ,____ , and ____.

• Cash; loans; grants

• Grants; scholarships; work

• Work; loans; cash

• Scholarships; trust funds; federal aid

A two-year degree with specialized training, a flexible schedule, and lower educational costs is called a(n) ______.

• Secondary degree

• Associate degree

• Bachelor's degree

• Graduate degree

Private student loans typically have a higher interest rate than federal student loans.

• TRUE

• FALSE

Since federal funding is often awarded on a first-come, first-served basis, you'll be more likely to get financial help by filling out your FAFSA as soon as possible.

• TRUE

• FALSE

Many service industries, including massage therapy, financial services, auto repair, electrical work and plumbing, don't require four-year degrees.

• TRUE

• FALSE

FAFSA is the federal application required to . . .

• Receive financial aid

• Get a part-time job your first semester

• Do a work-study program

• Get into college

In-state college tuition is almost always more expensive than out-of-state colleges.

• TRUE

• FALSE

Scholarships are a great way to fund your education because you don't have to

• Pay them back

• Be a student

• Apply for them

• Write and essay

Most employers care more that you're educated in your field than they care about . . .

• If you're good at your job

• Your work ethic

• Your future career plans

• What college you went to