
Paying for College: Financial Literacy Strategies

Interactive Video
•
Mathematics
•
6th Grade
•
Medium
+14
Standards-aligned

Amelia Wright
Used 2+ times
FREE Resource
Standards-aligned
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main financial issue Riley faces after graduation?
He needs to pay back the financial aid plus interest.
He will receive a grant.
He must repay his scholarship.
He has to find a job immediately.
Tags
CCSS.RL.5.3
CCSS.RL.6.3
CCSS.RL.6.6
CCSS.RL.7.6
CCSS.RL.8.6
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of financial aid requires repayment after graduation?
Savings Plan
Work-Study
Student Loan
Scholarship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When does interest start accruing on most student loans?
Immediately after the loan is taken out.
After graduation.
During the loan application process.
When you start your first job.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do unsubsidized loans differ from other student loans?
They have no interest.
Interest accrues immediately.
They do not need to be repaid.
They are only for graduate students.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of filling out a FAFSA?
To qualify for student loans and grants.
To open a savings plan.
To apply for a work-study program.
To apply for a scholarship.
Tags
CCSS.RI.5.5
CCSS.RI.6.3
CCSS.RI.6.5
CCSS.RI.7.3
CCSS.RI.7.5
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of scholarships?
They do not require repayment.
They are only for academic excellence.
They need to be repaid with interest.
They cover only tuition fees.
Tags
CCSS.RI.5.2
CCSS.RI.6.2
CCSS.RL.5.1
CCSS.RL.6.1
CCSS.RL.6.2
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of receiving a scholarship for college?
It has to be repaid after graduation.
It provides work experience.
It accrues interest.
It does not require repayment.
Tags
CCSS.RI.4.5
CCSS.RI.5.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
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