Funding Your Way Through College Quiz
Authored by Andrew Griffin
Education
12th Grade
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Federal Work-Study program?
To fund research projects for college students
To provide low-interest loans to students in need
To offer scholarships to high-performing students
To provide part-time jobs for financially needy undergraduate and graduate students
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between grants and scholarships?
Grants are based on merit while scholarships are based on financial need
Grants need to be paid back if you drop out of school while scholarships do not
Grants are only available to undergraduate students while scholarships are available to graduate students
Scholarships are provided by the government while grants are provided by private organizations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of the FAFSA application?
To ensure that students are actually going to college full time
To keep track of how much money students have
To provide federal financial aid based on the financial needs of the student
To award scholarships and grants to high-performing students
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What is the eligibility requirement for most financial aid programs?
Completing high school or an equivalent program
Having a valid social security number
Having parents that can pay for your tuition
Being enrolled in an eligible degree or certificate program
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Federal Pell Grant Program?
To provide low-interest loans to students in need
To offer scholarships to high-performing students
To fund research projects for college students
To provide funds to financially needy undergraduate students
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of the Federal Student Aid (FSA) office?
To distribute scholarships to high-performing students
To offer low-interest loans to students in need
To manage various student financial assistance programs
To provide free assistance to students throughout the process of obtaining aid
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main benefit of federal student loans compared to private loans?
Federal loans offer higher loan amounts
Federal loans do not require repayment
Federal loans have lower interest rates and easier repayment
Federal loans have more flexible eligibility requirements
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