Unit 11: Paying for College

You are an education major, and part of your financial aid is the money you earn as a tutor.

• A scholarship

• A grant

• Work Study

• Loan

Your father lost his job and the family’s income became much lower. You received money from

the government to pay for college.

• A scholarship

• A grant

• Work Study

• Loan

You borrowed money through a federal program to pay for your education this year.

• A scholarship

• A grant

• Work Study

• Loan

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

college team.

• A scholarship

• A grant

• Work Study

• Loan

Your parents borrowed money through a U.S. government program for parents of college

students.

• A scholarship

• A grant

• Work Study

• Loan

You work 20 hours per week in the library at your college.

• A scholarship

• A grant

• Work Study

• Loan

What is a student loan?

• A college savings account

• A loan you have to pay back with interest.

• Money awarded to a student that they don't have to pay back.

• A bank account

An amount of money given to you for college based on performance, such as academics or athletics.

• Grant

• Student Loan

• Scholarship

• Savings

What is a work study?

• a form of financial aid, based on need, provided by the government that does not have to be repaid

• a financial aid program in which a college student works to pay money towards their tuition

• a loan set up in order to help college students pay for tuition, books, and living expenses

What is interest?

• an addition of money into a bank account

• a card that allows you to pay the balance over a period of time, subject to interest

• the amount of money paid on a loan or an investment

Tags

CCSS.6.RP.A.3