Search Header Logo
Planning for College Costs

Planning for College Costs

Assessment

Flashcard

Mathematics

8th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is the total cost of attending a university for one year if the cost is $40,000 and a student has a scholarship covering 50% of the cost?

Back

The student needs to pay $20,000 after the scholarship.

2.

FLASHCARD QUESTION

Front

If a student needs to save $24,000 for the first year of college and plans to save over 3 years, how much should they save each month?

Back

$667 per month.

3.

FLASHCARD QUESTION

Front

What is the total amount a student needs to save for a four-year college education estimated at $100,000 if the family can contribute $10,000 per year?

Back

$60,000.

4.

FLASHCARD QUESTION

Front

If the total cost of a two-year college education is $20,000, and a family can contribute $4,000 per year, how much will the student need to save in total?

Back

$8,000.

5.

FLASHCARD QUESTION

Front

What is the total amount a student needs to save for a four-year college with an annual cost of $25,000 if the family can contribute $5,000 per year?

Back

$60,000.

6.

FLASHCARD QUESTION

Front

Define 'scholarship' in the context of college funding.

Back

A scholarship is a financial award given to a student to help pay for their education, often based on academic or other achievements.

7.

FLASHCARD QUESTION

Front

What is a 'grant' in terms of college funding?

Back

A grant is a sum of money given by an organization, often the government, to help pay for education that does not need to be repaid.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?