What is the primary purpose of filling out the FAFSA?

Understanding College Financing

Interactive Video
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Other
•
12th Grade
•
Easy
Suzanne Meyer
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To sign up for financial literacy webinars
To be considered for federal student aid
To register for college classes
To apply for private loans
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a benefit of obtaining a college degree?
Increased job security
Potential for better health outcomes
Guaranteed high salary
Access to a larger network
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of savings plan allows you to save at today's education rates for the future?
529 Guaranteed Savings Plan
529 Investment Plan
High Yield Savings Account
Roth IRA
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 529 Plan primarily used for?
College education expenses
Purchasing a home
Emergency fund
Retirement savings
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an advantage of federal student loans over private student loans?
Immediate repayment requirements
Higher interest rates
Eligibility for loan forgiveness programs
Higher borrowing limits
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of federal student loan does not accrue interest while you are in school?
Subsidized Loan
Unsubsidized Loan
Private Loan
Parent PLUS Loan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of loan typically requires a credit check?
Federal Work Study
Private Student Loan
Federal Unsubsidized Loan
Federal Subsidized Loan
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