Chapter 7 Review

Chapter 7 Review

Assessment

Flashcard

Business

9th Grade

Hard

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7 questions

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1.

FLASHCARD QUESTION

Front

How do you calculate Net Price? Options: =Tuition & Fees + Room & Board, = Tuition & Fees -Room & Board - Scholarships, Tuition & Fees - Grants - Scholarships- Education Tax Benefits, = Tuition & Fees -Room & Board - Grants -Scholarships - Education Tax Benefits

Back

Tuition & Fees - Grants - Scholarships- Education Tax Benefits

2.

FLASHCARD QUESTION

Front

What are some ways to reduce the overall cost of tuition when you're in college?

Back

Take more than the minimum required credit hours (12)

3.

FLASHCARD QUESTION

Front

Who pays the interest on a subsidized loan while you're in school?

Back

the Federal Government

4.

FLASHCARD QUESTION

Front

What tax credit could help you while you're in Graduate School?

Back

Lifetime Learning Tax

5.

FLASHCARD QUESTION

Front

What is the last resort to pay for college?

Back

private loan

6.

FLASHCARD QUESTION

Front

What is the larger factor in the EFC (estimated family contribution)? Options: Student's Assets, Parent's Assets, Scholarships, Time of the Application

Back

Student's Assets

7.

FLASHCARD QUESTION

Front

How much of your student loan interest can be deducted from your income as an adjustment?

Back

$2500