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Paying for College

Paying for College

Assessment

Flashcard

•

Social Studies

•

12th Grade

•

Practice Problem

•

Hard

Created by

Wayground Content

FREE Resource

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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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