Paying for College
Flashcard
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
In order to qualify for financial aid, which application must you submit?
Back
FAFSA
2.
FLASHCARD QUESTION
Front
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.
Back
Subsidized federal loans
3.
FLASHCARD QUESTION
Front
During a period of financial hardship, you can apply for this to pause student loan payments while interest still accrues...
Back
Forbearance
4.
FLASHCARD QUESTION
Front
What types of money are used in paying for college and in what order should you use them? Options: Your money, free money, borrowed money
Back
Free money, your money, borrowed money
5.
FLASHCARD QUESTION
Front
Which of the following is considered a direct cost of attendance? Tuition, Food and entertainment
Back
Tuition
6.
FLASHCARD QUESTION
Front
Who receives and uses the information submitted in your FAFSA?
Back
The schools you’ve applied to and your state government to determine your eligibility for financial aid
7.
FLASHCARD QUESTION
Front
Although it's not a type of financial aid, how can transferring credits from a community college help save you money on college costs?
Back
It reduces the amount of credits you'll have to pay for at your 4-year college
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