paying for college

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

• Tuition and fees

• Room and board

• Textbooks and school supplies

• Scholarships and grants

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

When does the FAFSA filing period open every year?

• January 1st

• June 1st

• October 1st

• December 1st

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

You receive $500 from the local cultural society.

• scholarship

• grant

• work study

• loan

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

• scholarship

• grant

• work study

• loan

You were a high school athlete. The university is paying your tuition while you play on the college team.

• scholarship

• grant

• work study

• loan

Your parents borrowed money through a US government program for parents of college students.

• scholarship

• grant

• work study

• loan

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

• Tuition and fees

• Room and board

• Textbooks

• Scholarships and grants

Money awarded to students that does NOT need to be repaid, often based on need

• Loan

• Grant

• Savings

• Work Study