Financial Aid and Education Quiz

What is a student loan?

• Financial assistance provided to a student to help cover the costs of their education, often based on academic achievement or other criteria.

• Financial aid provided based on financial need, typically not requiring repayment.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a scholarship?

• Financial assistance provided to a student to help cover the costs of their education, often based on academic achievement or other criteria.

• Financial aid provided based on financial need, typically not requiring repayment.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a full-ride scholarship?

• A scholarship that covers the entire cost of attending college, including tuition, fees, room, and board.

• Financial aid awarded to students based on their demonstrated financial need, typically determined by family income and other factors.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a community college?

• A two-year institution of higher education that offers associate degrees, certificates, and transfer programs to four-year colleges and universities.

• Financial aid awarded to students based on their demonstrated financial need, typically determined by family income and other factors.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a merit-based scholarship?

• Financial aid awarded to students based on their academic, athletic, artistic, or other achievements, rather than financial need.

• Financial aid provided based on financial need, typically not requiring repayment.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a need-based grant?

• Financial aid awarded to students based on their academic, athletic, artistic, or other achievements, rather than financial need.

• Financial aid awarded to students based on their demonstrated financial need, typically determined by family income and other factors.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is work-study?

• Financial assistance provided to a student to help cover the costs of their education, often based on academic achievement or other criteria.

• Financial aid provided based on financial need, typically not requiring repayment.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a partial scholarship?

• Financial aid that covers only a portion of the cost of attending college, leaving the student responsible for the remaining expenses.

• Financial aid awarded to students based on their demonstrated financial need, typically determined by family income and other factors.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a field of study?

• A specific academic discipline or area of interest pursued by a student in college or university.

• Financial aid awarded to students based on their demonstrated financial need, typically determined by family income and other factors.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.

What is a grant?

• Financial assistance provided to a student to help cover the costs of their education, often based on academic achievement or other criteria.

• Financial aid provided based on financial need, typically not requiring repayment.

• A type of financial aid that must be repaid with interest.

• A program that enables students to work part-time while attending school to help cover educational expenses.