Everfi - HIgher Education

When making college visits, you may be able to...

• receive reimbursement for your college visit costs

• schedule a tour of the college campus

• attend a college class to see what it’s like

• Both B & C

• All of the above

Which of the following correctly pairs a financing option with its description?

• Grants & Scholarships – Money you Earn

• Federal Student Loans – Free Money

• 529 Plan – Money you Save

• Federal Work-Study Program – Money you Borrow

Which of the following statements about the FAFSA process are TRUE?

• You must be a U.S. citizen to submit the FAFSA form.

• You must use the FAFSA to apply for the federal work-study program.

• You cannot fill out the FAFSA form without your parent/guardian.

• You should only fill out the FAFSA form if you can demonstrate financial need.

What is ROI?

• Regular Onset Income

• Return On Investment

True or False. Free money. One of the best places to get free money is through grants and scholarships. Since these aren't loans, you can use them to pay for school expenses like tuition without having to pay anyone back.

• True

• False

True or False. Higher education is a small financial decision.

• True

• False

True or False. Federal work-study program. Through work-study, eligible students can work part-time to help pay for their education while they're in college. Federal work-study is awarded to students who need financial assistance as part of a federal financial aid package.

• True

• False

True or False. Federal student loans, are offered directly to students by the government. Federal student loan interest rates tend to be HIGHER than other loans, and rates are fixed over time.

• True

• False

Subsidized or Unsubsidized. Which loan type requires you to pay the interest you accumulate during school?

• subsideized

• unsubsidized

Subsidized or Unsubsidized. Which loan type is available to everyone?

• Subsidized

• Unsubsidized