Chapter 7 Assessment

Part of making a plan to pay for my education involves searching for scholarships, saving, and talking with your family about what kind of financial help you'll get.

• Cash; loans; grants

• Grants; scholarships; work

• Work; loans; cash

• Scholarships; trust funds; federal aid

It takes the average person ______ to pay off their student loan debt.

• 20 years

• 10 years

• 5 years

• 2 years

What's a better question to ask instead of, 'Where do I want to go to college?'

• 'What do I want to do for a career?'

• 'Where do I want to live?'

• 'Do I want to go to college?'

• 'How do I get into college?'

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

Getting good grades and scoring well on college entrance exams give you a better chance of...

• Going to an out-of-state college

• Getting a scholarship

• Getting an interview

• Graduating early

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.

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

• Community college degree

• Associate degree

• Bachelor's degree

• Graduate degree

FAFSA is the federal application required to...

• Receive financial aid

• Get a part-time job your first semester

The average college student in America graduates with...

• $20,000

• $10,000

• $5,000

• $35,000

You should figure out what you're passionate about before going to school for a specific field of work.