Money Matters Quiz College, Career, Etc.

The general term used to describe money received for college/higher education

• Financial AED

• Financed Education

• Finances

• Financial Aid

The type of financial aid provided by the government of corporations that does NOT need to be repaid.

• Scholarships

• Grants

• Checks

• Finances

Money awarded to students based on achievement (like good grades), does NOT have to be repaid

• Grant

• Loan

• Work Study

• Scholarship

Money BORROWED that has to be PAID back with interest

• Grant

• Loan

• Work Study

• Scholarship

Does scholarship money have to be repaid?

• Yes
• No
• Sometimes

What is a loan?

• money you do not have to pay back

• money given based on talents and grades

• money borrowed which must be repaid, usually with interest

• money you earn from working

Grants do NOT need to be paid back.

• True
• False

What type of college degree takes 4 years?

• Associate

• Bachelors

• Masters

• Doctorate

What type of college degree takes 2 years?

• Associates

• Bachelors

• Masters

• Doctorate

Can I go to trade school right after high school?

• Yes

• No