PCC: Funding Your Way Through College

Which of the following government offices help individuals fund their college education?

• Office of Vocational and Adult Education

• Office of Federal Student Aid

• Office of Educational Technology

• Office of Postsecondary Education

When does a student need to file the FAFSA?

• every year of college attendance

• at the beginning of the course

• after every semester

• at the end of the course

Which is the primary factor taken into consideration during distribution of grants and loans among eligible students?

• financial need

• reading skills

• athletic ability

• family history

• behavior traits

Select all the correct answers.

Which three of the following expenses can student aid cover?

• tuition

• television

• school supplies

• parties and socializing

• boarding/housing

Which two forms of financial aid require the student to bear the costs of college education?

• work-study programs

• direct loans

• merit-based scholarships

• federal Pell grant

• minority scholarships

Choose the best words to complete each sentence and form a true statement.

Brad needs help repaying the loan he got to pursue a graduate program in a top-ranking university. If Brad opts for a work-study program, he will get a (Blank One) job. But first, Brad needs to check if his college participates in the (Blank Two) .

• Blank One: military

• Blank One: part-time

• Blank One: full-time

• Blank Two: Federal Perkins Loan Program

• Blank Two: Federal Work-Study Program

Match the scenarios with terms related to financial aid.

Tom got a student loan to pursue a nursing science degree. But he couldn’t manage his money well enough, due to which he was unable to pay back his loan.

• default

• work-study

• forgiveness

Match the scenarios with terms related to financial aid.

Sam is a pursuing an undergraduate program in Economics. He works as an assistant to the financial aid officer, which helps him earn $4000 annually. This helps him pay for a few educational expenses.

• default

• work-study

• forgiveness

Match the scenarios with terms related to financial aid.

Cheryl received a student loan to pursue a degree to become a dental assistant. But unfortunately her school closed down due to legal complications. As Cheryl couldn’t complete the course due to no fault of her own, Cheryl need not pay back the loan.

• default

• work-study

• forgiveness

Match the scenario with terms related to financial aid.

Nathan comes from a low-income household. He wants to pursue an undergraduate degree in Marketing. He receives financial aid covering 50 percent of his college expenses. Nathan does not have to pay back this amount.

• merit-based scholarship

• student loan

• Pell grant