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Student Loan Practice

Authored by Francis Yu

Specialty

12th Grade

CCSS covered

Used 41+ times

Student Loan Practice
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the form you must fill out before going to college in order to get aid from the government to pay for college

FAFSA
FASAF
FASFA
AFSAF

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean when a student loan is "forgiven"?

You get a letter of apology from the government
You don't have to keep going to classes to get your degree
You don't get as much money as your were previosuly promised
You don't have to pay back the remainder of your loan debt

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.7.4

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Private student loans have better interest rates than government student loans

True
False

Tags

CCSS.6.EE.B.8

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A federal student loan is provided by...

private companies

the state government

the federal government

investors

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.11-12.3

CCSS.RI.9-10.3

CCSS.RI.8.5

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A majority of students receive student loans/aid to help pay for college

True
False

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.7.4

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is money you can get to pay for college, which has to be paid back.

Scholarhip
Grant
Student Loan
College Savings

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.8.5

CCSS.RI.6.5

CCSS.RI.7.5

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A subsidized loan is when ____________________ pays the interest while you are in school, while an unsubsidized loan is when ___________________ pays the interest while you are in school.

the government; parents
the borrower; parents
the borrower; the government
the government; the borrower

Tags

CCSS.RI.11-12.5

CCSS.RI.9-10.5

CCSS.RI.11-12.3

CCSS.RI.9-10.3

CCSS.RI.8.3

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