Paying for College Quiz

Paying for College Quiz

9th Grade

10 Qs

quiz-placeholder

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Paying for College Quiz

Paying for College Quiz

Assessment

Quiz

others

9th Grade

Easy

Created by

John Rosser

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these options lists the types of financial aid from MOST attractive to LEAST attractive?

Private loans, Federal loans, Work-study, Grants/Scholarships

Grants/Scholarships, Work-study, Federal loans, Private loans

Work-study, Grants/Scholarships, Federal loans, Private loans

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The federal government makes interest payments on ________ while you're enrolled in school at least half-time, for the first six months after you leave school, and during any period of deferment.

Work-Study

Subsidized federal loans

Grants

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

  1. Janelle's family earns about $60,000 per year. She has been accepted to College A and College B and is comparing their financial aid packages. College A has a sticker price of $28,000 and net price of $12,000. College B has a sticker price of $60,000 and net price of $9,000. Which statement below is FALSE?

It will cost less to attend College A

College B is providing Janelle more grants and scholarships

College A has a lower sticker price than College B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is eligible to receive Direct Subsidized loans?

Professional students

Undergraduate students

Students enrolled less than half-time

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which repayment option does not accrue interest while your required payments are paused?

Consolidation

Deferment

Refinancing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does it cost to file the FAFSA?

It is free

It is 2% of your total loan amount

$50

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Typically, when should you first file the FAFSA?

After you finish freshman year of high school

October or November of your last year of high school

After you receive your Student Aid Index

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