Paying for College

Paying for College

9th - 12th Grade

30 Qs

quiz-placeholder

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Paying for College

Paying for College

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Tyler Cates

Used 1+ times

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30 questions

Show all answers

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

Media Image

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

Media Image

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

Media Image

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?
Yes
No
Sometimes

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