What does the sticker price of a college include?

Q4 Financial Aid Quiz

Quiz
•
Other
•
11th Grade
•
Hard
SHERI SCHNEIDER
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tuition and fees only
Tuition, fees, and family contribution
Tuition, fees, scholarships, and grants
Tuition, fees, and work study
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT included in the four types of student aid?
Grants
Scholarships
Loans
Family contributions
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the difference between scholarships and grants?
Scholarships need to be repaid, while grants do not
Grants are merit-based or need-based, while scholarships are not
Scholarships and grants are the same
Scholarships do not need to be repaid, while grants may need to be repaid
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens if the Expected Family Contribution (EFC) is less than the cost of attendance (COA)?
The student does not qualify for aid
The student may qualify for unsubsidized loans only
The student may qualify for aid
The student's EFC is increased to match the COA
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Free Application for Federal Student Aid (FAFSA)?
To provide a summary of the student's academic performance
To collect financial information to determine eligibility for student loans only
To collect financial information to determine financial aid for college
To automatically grant financial aid to all applicants
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Student Aid Index (SAI) replace?
The Free Application for Federal Student Aid (FAFSA)
The Expected Family Contribution (EFC)
The Work Study program
The Scholarship and Grant Index
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a tip for applying to scholarships?
Apply only to small scholarships
Organize your due dates
Avoid matching your interest and career goals
Stop applying after you win once
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