College Funding Quiz
Authored by Christy Geller
Education
8th Grade
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total cost of attendance for a college student?
Only indirect costs
Only direct costs
Both direct and indirect costs
None of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are direct costs for college students?
Childcare and utilities
Building maintenance fees and technology fees
Books and internet service
Gas and vehicle maintenance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of federal work study for students?
To help students pay for school
To provide financial aid for textbooks
To offer internships
To provide full-time employment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Free Application For Student Aid (FAFSA) used for?
To apply for scholarships
To apply for federal grants and loans
To apply for private loans
To apply for tuition reimbursement
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between subsidized and unsubsidized federal student loans?
The federal government pays the interest on unsubsidized loans while in school
The federal government pays the interest on subsidized loans while in school
Unsubsidized loans have lower interest rates
Subsidized loans have higher interest rates
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of private loans for college students?
Based on financial need rather than credit history
Higher interest rates than federal loans
No need for a cosigner
Lower interest rates than federal loans
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of scholarships for college students?
To offer part-time jobs on campus
To provide financial aid that doesn't need to be repaid
To provide need-based financial aid
To cover all college expenses
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