
PF: Chapter 7 Lesson 4 Reduce Your Cost
Authored by Steve Wills
Business
11th Grade

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step in the search for financial aid?
Working part-time
Researching grants
Applying for scholarships
Completing the FAFSA
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When should you submit the FAFSA?
At the beginning of your senior year of high school
After you have been accepted to college
Anytime during the year
Between October 1 and the end of the academic year
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the FAFSA?
To calculate your level of financial need
To apply for scholarships
To determine your eligibility for student loans
To qualify for federal aid only
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should you do if you see student loans listed in your financial aid award letter?
Discuss with your parents before deciding
Consider them as a viable option
Accept them as a last resort
Do not accept them
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a scholarship?
Financial aid based on financial need
Money that needs to be repaid after graduation
Money for education awarded based on achievement
Funding for part-time work while in school
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can you increase your chances of earning scholarships?
Research and apply for scholarships you are eligible for
Maintain a high GPA and participate in extracurricular activities
Write a compelling essay for each scholarship application
Have a strong recommendation letter from a teacher
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are grants?
Financial aid that does not need to be repaid
Money awarded based on achievement
Funding for part-time work while in school
Financial aid based on financial need
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