College

Money you receive for school that does not have to be paid back. Select all that apply.

• Federal Student Loans

• Grants

• Private Student Loans

• Scholarships

Who qualifies for a grant? Check all that apply.

• Rick, who will play basketball in college and does not meet the qualifications for financial need.

• Sid, who is going to be in his college band and has a family who meets the qualification for a financial need

• Ella, who received a small scholarship from the livestock show and has a family who meets the qualification for a financial need

Which of the following is true of work-study?

• student works at a job provided by the college or university

• job awarded if there is a financial need based on FASFA

• student can work as many hours as they want

• student is limited on how many hours he/she is allowed to work

You borrowed money through a federal program to pay for your education this year.

• scholarship

• grant

• work study

• loan

Many payment options are available to help with the cost of a college education. A payment option that allows you to work on campus at your college and earn money is called what type of payment option?

• scholarship
• loan
• pell grant
• work-study program

Determine the amount that needs to be paid.

$14,850 tuition

$3,785 room and board

• $11,065

• $18,635

• $22,420

• $74,540

Your PSAT scores qualified you as a National Merit Scholar. Several schools have offered you free tuition.

• scholarship

• grant

• work study

• loan

True of false: students should pick the scholarship they want carefully since they can only apply for one.

• True
• False

Does scholarship money have to be repaid?

• Yes
• No
• Sometimes

Your family qualified for a federal government program that reduced the interest on the money you borrowed to pay for college.

• scholarship

• grant

• work study

• loan