Student Loans Readings

Student Loans Readings

12th Grade

21 Qs

quiz-placeholder

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Student Loans Readings

Student Loans Readings

Assessment

Quiz

Other

12th Grade

Medium

Created by

Kayla Watson

Used 5+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should students NOT consider when looking at how to pay for college?

The type of loans they are taking out

The type of school they are attending

The type of major they are choosing

The type of extracurricular activities they are involved in

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Jan Miller suggest to students that should be the number 1 consideration about their loans?

The long-term implications of their loans

The short-term benefits of their loans

The interest rates of their loans

The repayment period of their loans

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the financial information reported on the FAFSA determine?

The amount of scholarships a student can receive

The expected family contribution

The student's GPA

The student's class rank

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the new Student Aid Index (SAI) formula remove from the calculation?

The student's GPA

The number of family members in college

The student's class rank

The student's extracurricular activities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total limit for direct subsidized loans for undergraduate students?

$10,000

$15,000

$23,000

$30,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why should students borrow federal student loans over other loans according to McCarthy?

They have lower interest rates.

They tend to have better borrower benefits and income-driven repayment plans.

They are easier to obtain.

They do not require repayment.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are federal direct unsubsidized loans available to?

Only undergraduate students

Only graduate students

Both undergraduate and graduate students

Only independent students

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