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PFL Unit 1 Test Review

Authored by Jacob Iliff

Financial Education

11th Grade

Used 305+ times

PFL Unit 1 Test Review
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26 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

With this type of loan, the US Dept of Education pays for interest accrued while you are in school

Unsubsidized Federal Direct Loan

Subsidized Federal Direct Loan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Application that is required for all federal financial aid

1040EZ

SAR

FICA

FAFSA

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The trade-off made by making one choice instead of another

Personal Financial Planning

Opportunity cost

Values

Need

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Position where a person receives training in a certain field by working with experienced people.

Pell Grant

Scholarship

Work Study

Internship

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following of financial aid needs to be paid back after completing college?

Federal direct loans

Institutional Aid

Pell Grant

Scholarships

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Natural abilities that people possess

Hobbies

Talents

Aptitudes

Personality

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A commitment to work in a field that you find interesting and fulfilling

Career

Job

Interview

Aptitude

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