Scholarships Quiz

What are scholarships?

• Rewards for academic performance, community service involvement, or athletic performance

• Grants that do not have to be paid back

• Financial aid given by colleges

• Money given to students for their personal expenses

What is the difference between scholarships and grants?

• Scholarships have to be paid back, while grants do not

• Scholarships are only for undergraduate students, while grants are for all students

• Scholarships are given by colleges, while grants are given by the government

• Scholarships are based on academic performance, while grants are based on financial need

What is the Expected Family Contribution (EFC)?

• The amount of money a student is expected to save for future expenses

• The amount of money a family is expected to contribute towards a student's college education

• The amount of money a student is expected to earn during college

• The amount of money a student is expected to pay back after graduation

How can a high EFC affect a student's eligibility for scholarships?

• A high EFC increases the amount of money a student can receive from scholarships

• A high EFC has no impact on a student's eligibility for scholarships

• A high EFC guarantees a student will receive more scholarships

• A high EFC can disqualify a student from certain scholarships

Why did the author apply to top tier schools?

• To have more options for college

• To increase their chances of receiving scholarships

• To network with famous and rich alumni

• To receive a full ride scholarship

Why do top tier schools offer more scholarships?

• Because they have a higher number of applicants

• Because they have more available funds

• Because they have lower tuition fees

• Because they have generous donations from their rich alumni

What is the advantage of applying for scholarships?

• All of the above

• Access to exclusive internships and job opportunities

• Opportunities for networking and mentorship

• Financial support for education

What is the author's advice for applying to scholarships?

• Apply to as many scholarships as possible

• Apply only to scholarships that match all qualifications

• Apply to scholarships that offer small amounts of money

• Apply to scholarships that require a high EFC

What is the main reason the author applied for scholarships?

• To reduce the financial burden on their parents

• To attend top tier schools

• To become a millionaire

• To have extra money for personal expenses

What is the author's final advice for scholarship applicants?

• Don't let rejections discourage you from applying

• Apply only to scholarships with large cash prizes

• Procrastinate until the last minute to apply

• Rely solely on financial aid from colleges