761 Financial Wellness

A federal student loan, (FAFSA), stands for...

• Federal Aid for Student Aid

• Free Application for Federal Student Aid

• Free Aid for Student Aid

• Federal Application for Federal Student Aid

Which of the following is considered a POOR credit score?

• 760

• 630

• 550

• 840

Which of the following does NOT qualify as emergency spending?

• Car Failure

• Medical Care

• Home Repairs

• Hair/Nails

Financial Aid INCLUDES loans and scholarships, bur does NOT include grants.

• True

• False

If possible, how much of your paycheck should go to savings?

• 30%

• 50%

• 20%

• 80%

Which of the following are efficient ways to save money?

• Always buy brand new textbooks

• Never look for the sale or clearance sections

• Tax Fraud (Don't do this!)

• Utilize public transportation

The ________ Rule

• 50/30/10

• 50/50

• 50/30/20

• 50/30/30

A grant that you do NOT have to pay back, which is often given for study, athletic/academic ability, family income, and more is called a....

Where can you find financial assistance on campus?

• Izzy's Food Pantry

• Student Services Center

• TAMUCC Funding Resources Page

• All of the above

Which of the following is NOT affected by your credit score?

• Auto Insurance

• Rental Services

• Bills

• Ability to purchase a car