College Planning Pt. III Quiz

What does the Net Price Calculator do?

• It predicts the exact amount you'll pay for college

• It provides an estimated true cost of college

• It finds the hidden price of college

• It adds and subtracts

What is the fee you pay to complete the FAFSA?

• $100

• $10

• Depends on how much you have.

• Free

What is Adjusted Gross Income? (Two answers are correct.)

• Adjusted Gross Income is an individual's total income after deductions.
• It's a term on the income tax return

• Adjusted Gross Income is the sum of a person's deductions.

• AGI is the part that's gross.

Which of these questions are on the NPC?

• Number of siblings

• Birth year of oldest parent

• Parents AGI

• Student GPA

What are common "College Search" categories? (Multiple answers)

• Student-to-faculty ratio

• Majors and minors offered

• Mascot popularity

• Acceptance rate

What is a major advantage of receiving Financial Aid?

• It increases the national debt.

• It has to be repaid by everyone, regardless of circumstances.

• It can make educational costs more manageable.

• It guarantees a high-paying job after graduation.

Which factor qualifies a student as "Independent"?

• Likes to do his own thing

• Her nickname is "Indy"

• Is 24 years old or older

• Doesn't need help getting home

What is a scholarship?

• A scholarship is always awarded for a talent.

• When you love school and homework.

• When you donate money to charity.

• Gifted money to cover college costs

What factor is often considered when determining eligibility for need-based financial aid?

• The student's academic performance

• The student's choice of major

• The financial situation of the student's family

• The student's participation in extracurricular activities

The payment that is made to a university in order to be an enrolled student and attend class.

• Student loan

• Tuition

• Financial aid

• Scholarship