Types of Aid to Pay for College
Financing your Education

Quiz
•
Other
•
12th Grade
•
Hard

Milagros Perez
Used 1+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Grants
Work study
Loans
Scholarship
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A grant requires you to repay the money you borrow, whereas a loan does not.
True
False
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Free Application for Federal Student Aid (FAFSA), is used to qualify for both federal and state aid.
True
False
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The RISE Act allows qualifying undocumented and transgender students to apply for state financial aid programs.
True
False
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A grant program administered by the Illinois Student Assistance Commission and funded by the State of IL.
Pell
MAP
TEACH
Illinois Cares
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are four types of Direct Loans available?
True
False
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
allow you to combine all of your eligible federal student loans into a single loan with a single loan servicer.
are loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. Eligibility is not based on financial need, but a credit check is required.
are loans made to eligible undergraduate, graduate, and professional students, but eligibility is not based on financial need.
are loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.
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