What does FAFSA stand for?

Financial Literacy Quiz

Quiz
•
Other
•
University
•
Hard
Melissa Harrison
Used 10+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Free Application for Federal Student Aid
Federal Application for Student Aid
Federal Aid for Students Application
Free Aid for Students Application
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following is not a type of financial aid?
Credit Cards
Loans
Scholarships
Grants
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which of the following factors is not considered in determining federal financial aid
family income
academic performance
number of siblings in college
financial assets
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is a subsidized loan
A loan that has a lower interest rate than others
A loan where interest is paid by the government while you are in school
A loan that doesn't need to be repaid
A loan with that doesn't gain interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What type of financial aid is awarded based on academic or other achievements
Loans
Work-study
Scholarships
Grants
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
When do you typically have to start repaying federal student loans?
The semester after you take out the loan
One year after graduation
Immediately after the loan is disbursed
Six month after graduating or dropping below half-time enrollment
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is federal work study?
A program for students to study abroad
A part-time job program for students with financial need
A grant program for high achieving students
A loan program for graduate students
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