Cost of Education & Training Vocabulary Quiz

What does GPA stand for?

• General Performance Assessment

• Grade Point Average

• Graduate Program Analysis

• Global Progress Achievement

What is the purpose of the Free Application for Federal Student Aid (FAFSA)?

• To apply for financial aid from a variety of sources

• To apply for scholarships

• To apply for student loans

• To apply for graduate degrees

What are Community Colleges known for?

• Awarding associate degrees and allowing transfer to universities

• Offering only vocational/trade programs

• Providing graduate degrees

• Focusing on post-secondary education

What is the purpose of Loan Consolidation?

• Paying off student loans immediately

• Receiving student grants

• Applying for federal work-studies

• Combining multiple loan payments into one

What are Graduate Degrees attainable after?

• Passing the GED test

• Earning an undergraduate degree

• Completing high school

• Attending vocational/trade schools

What is the main source of funding for Private Universities?

• State government funding

• Student loans

• Federal work-studies

• Tuition, donations, and endowments

What is the primary role of the U.S. Department of Education?

• To provide student loans directly to undergraduates

• To enforce federal laws regarding education and ensure equal access to education

• To manage and operate public schools in all states

• To offer scholarships to all high school graduates

What is a Pell Grant?

• A loan that needs to be repaid with interest

• A scholarship for athletes only

• A federal grant for undergraduate students with financial need

• An award for graduate students only

What is the significance of the SAT exam?

• It is a mandatory health test for college admission

• It is a graduate admission test

• It is a standardized test widely used for college admissions in the United States

• It is an intelligence test required for high school graduation

What is the primary purpose of the Common Application?

• To apply for student loans

• To apply to multiple colleges with a single application

• To register for the SAT exam

• To apply for federal work-studies