U7 MC

Front

What should you consider when applying for scholarships?

Back

Both range and intensity.

Front

How long does it typically take the average person to pay off their student loan debt?

Back

20 years.

Front

What type of education typically takes less than two years to complete and is often tied to regional employment needs?

Back

Trade and vocational schools.

Front

Is it okay to not understand all the specifics of your financial aid before accepting the money?

Back

False.

Front

When should you fill out your FAFSA to increase your chances of receiving financial help?

Back

As soon as possible.

Front

What is the purpose of the FAFSA?

Back

To determine eligibility for federal student financial aid.

Front

What is the difference between scholarships and grants?

Back

Scholarships are often merit-based, while grants are typically need-based.

Front

What is a common requirement for receiving federal financial aid?

Back

Filling out the FAFSA.

Front

What does 'first-come, first-served' mean in the context of financial aid?

Back

It means that aid is awarded to applicants in the order their applications are received.

Front

What is a student loan?

Back

A loan specifically for students to help pay for their education.