
Paying for College
Authored by Tyler Cates
Social Studies
9th - 12th Grade
Used 1+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Money awarded to students that does NOT need to be repaid, often based on need
Loan
Grant
Savings
Work Study
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Money awarded to students based on achievement, does NOT have to be repaid
Grant
Loan
Work Study
Scholarship
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Money borrowed that has to be paid back with interest
Grant
Loan
Work Study
Scholarship
4.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
How do scholarships and grants differ?
Scholarships are need-based; grants are merit-based
Grants are private forms of aid; scholarships are federal
Grants are need-based; scholarships are merit-based
They're not different; they are one and the same
5.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
If you select a repayment plan with a longer term for your loans...
You will have a larger monthly payment
You will have a smaller monthly payment
You will pay less in interest
You will pay the same amount in interest
6.
MULTIPLE CHOICE QUESTION
20 sec • 5 pts
When looking at a financial aid award letter, which type(s) of aid would you have to pay BACK?
Federal Pell Grant
Direct Subsidized Loan
Merit Scholarship
Federal Work-Study
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Does scholarship money have to be repaid?
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