Financing Higher Education

Front

Making the choice to spend money on post secondary education pays off in the long run because:

Back

The salary you will earn with a degree will pay back the cost of college over your career.

Front

Dimitri's counselor told him that post secondary education can be expensive but can pay off in the long run, what does that mean?

Back

The salary_you will earn with a degree will pay back the cost of college over your career.

Front

Cutting down on costs by earning an Associate's degree first and then transferring to a four-year college or university can be done by going to what type of higher education institution?

Back

A local community college.

Front

Andrew doesn't want to spend a lot of money on student loans, and does not qualify for grants. What is his best option for affording a Bachelor's Degree? Options: He can enroll in a trade school and transfer his courses later., He can attend a specialized training program and transfer a couple of his courses., He can attend the local community college whose courses transfer to the public four-year college., None of these are correct.

Back

He can attend the local community college whose courses transfer to the public four-year college.

Front

Which is NOT considered an additional cost beyond tuition for higher education? Textbooks and supplies, Room and board, Transportation

Back

Academic counseling

Front

Textbooks, transportation and room and board are all…...

Back

additional costs for attending a college or university.

Front

Which of these additional costs will most likely be the most expensive?
Textbooks and supplies,
Academic counseling,
Room and board,
Transportation

Back

Textbooks and supplies

Front

A 529 plan can help you save more money than a traditional savings account because...

Back

the interest rates are considerably better.

Front

Which is a tax-free savings account that can only used for educational expenses?

Back

A 529 plan

Front

Which of the following is NOT true about the Free Application for Federal Student Aid (FAFSA)?
You can fill the form out online or on paper.
The earliest you can submit your FAFSA is January 1st of each year.
Each state may have a different deadline for state financial aid.
You can fill out the FAFSA if you are an independent or a dependent.

Back

You can fill out the FAFSA if you are an independent or a dependent.