Paying for College

Paying for College

​Financial Literacy

I will discuss various methods to pay for college....

Multiple Choice

Jose receives payment for his tuition after filling out an application. To decide if he qualified for this program, his grades and test scores were evaluated. Jose does not have to pay this money back.

• Grant

• Loan

• Work Study

• Scholarship

Multiple Choice

Mary receives a job offer on campus. She will be working in the school library after her classes every day. The money she earns while working is used to pay her tuition.

• Grant

• Loan

• Work Study

• Scholarship

Multiple Choice

Francisco and his family have been preparing for college for a long time. Every month they add money to a bank account for Francisco’s tuition.

• Savings

• Loan

• Grant

• Scholarship

Multiple Choice

The amount of money you have set aside for college

• Savings

• Loan

• Grant

• Work Study

Multiple Choice

Money awarded to students based on income that does NOT need to be repaid, often based on need

• Loan

• Grant

• Savings

• Work Study

Multiple Choice

Money awarded to students based on achievement, does NOT have to be repaid

• Grant

• Loan

• Work Study

• Scholarship

Multiple Choice

Money borrowed that has to be paid back with interest

• Grant

• Loan

• Work Study

• Scholarship

Multiple Choice

Jobs on campus or at local organizations that pay towards tuition

• Grant

• Savings

• Scholarship

• Work Study

Multiple Choice

___________________ are fees paid to a school in order to attend and receive instruction.

• Scholarships

• Loans

• Tuition

• Tutoring

Multiple Choice

A person's résumé typically includes all of the following EXCEPT their

• work experiences.
• education level. 
• job qualifications.
• average likes on Instagram.

Multiple Choice

All of the following are reasonable methods to limit student debt and pay for college EXCEPT

• Go to a technical school

• Gamble

• Save m

• Choose a less expensive college

Multiple Choice

Which application must be filled out if students want to be eligible for federal aid?

• College
• FAFSA
• FASSA
• Employment

Multiple Choice

You entered your painting in a contest and won $750 to pay for your college expenses.

• scholarship

• grant

• work study

• loan

Multiple Choice

You were a high school athlete. The university is paying your tuition while you play on the college team.

• scholarship

• grant

• work study

• loan

Multiple Choice

You were raised by a single parent. Your family income qualified you to receive a need-based award from the US government.

• scholarship

• grant

• work study

• loan

Multiple Choice

Your other financial aid did not cover all of your college costs, so you borrowed money from a private lender.

• scholarship

• grant

• work study

• loan

Multiple Choice

You work in the college's computer lab three days per week.

• scholarship

• grant

• work study

• loan