Paying for College Review

What is a benefit of going to college and having a college degree?

• Lower lifetime earnings

• Lower interest rates on future loans

• Expanded professional and social netowrk

• Guaranteed starting salary of $50,000 after graduation

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CCSS.RL.7.1

CCSS.RL.8.1

CCSS.RI.8.1

CCSS.RI.8.8

CCSS.RL.9-10.1

All of the following are costs of going to college EXCEPT...

• Tuition and fees

• Room and board

• Textbooks and school supplies

• Scholarships and grants

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CCSS.RL.7.1

CCSS.RL.8.1

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.9-10.2

Why should you file the FAFSA as early as possible?

• It can help your chances of being accepted into schools

• Aid is given out on a first-come, first-serve basis

• You're guaranteed to get more merit-based scholarships

• You'll get a lower interest rate on federal student loans

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CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.7.5

What kinds of aid are you eligible for by filing the FAFSA? (hint: choose 3 correct answers)

• Grants and Scholarships

• Private Student Loans

• Work-Study

• Federal Student Loans

Which is TRUE about the FAFSA?

• You only need to file the FAFSA 1x in your college career

• Your parents must earn below a set amount for you to apply

• You need to file it at the start of every quarter/semester

• There is no cost to file the FAFSA

Which is TRUE about the EFC?

• It's the cost of filing the FAFSA

• It's how much you & your family are expected to pay for college

• It's another term for "net price"

• It's how much your parents must contribute towards college

Does scholarship money have to be repaid?

• Yes
• No
• Sometimes

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CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

CCSS.RI.11-12.5

What is the median?

• 62
• 58
• 66
• 60

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CCSS.6.SP.B.5C

What data value is the upper quartile (Q3)?

• 64
• 62
• 66
• 58

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CCSS.6.SP.B.4

CCSS.HSS.ID.A.1

How many CD's cost between $14.50 and $26.00?

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CCSS.6.SP.B.4

CCSS.HSS.ID.A.1