College and Financial Aid Quiz

Which type of financial aid does not need to be repaid?

• Scholarships and grants

• Student loans

• Work-study programs

• Tuition reimbursement

What is the Free Application for Federal Student Aid (FAFSA)?

• The FAFSA is a loan program for graduate students.

• The FAFSA is a form to apply for federal financial aid for college.

• The FAFSA is a tax form for parents of college students.

• The FAFSA is a scholarship program for high school students.

A federal grant for undergraduate students with financial need.

• Need Based Financial Aid

• Scholarship

• Gift Aid

• Pell Grant

The short definition to the cost of attendance is

• a fee charged when you take out a loan

• an estimate of actual cost students and family need to pay

• an allowance of the cost of housing and food while in college

• student's cost of attendance includes tuition, fees, and more for living expenses

What is Expected Family Contribution (EFC)?

• The amount student and family are expected to pay

• Financial aid that does not have to be paid back

• Loans, scholarships and FAFSA contributions

• Federal Student Loan

Money awarded to students based on academic or other achievements to help pay for education expenses. Which term best fits this definition?

• FAFSA

• Scholarship

• Financial Aid

• Federal Pell Grant

What are ways people pay for college?

• Scholarships and Grants

• Loans

• None, college is free for everyone

• Scholarships, Grants, Loans, and Work Study

Which of these describes a scholarship?

• A fee to be paid to a university

• a loan for a student to pay for college that has to be paid back.

• money awarded to a person from the college or private institution that does not have to be paid back.

• when you work to pay for school

How does a student receive any form of financial aid to pay for college?

• A student has to ask their family and friends for financial help

• a student needs to complete an Application to Get College Money (AGCM)

• a student has to go to their local bank

• a student needs to complete a Free Application for Federal Student Aid (FAFSA)

A community college _______________________. (select all that apply)

• is typically less expensive than a four-year college/university.

• is not good for all adults because you cannot be older to go to college.

• has options to earn certificates as well as Associate (2-year) degrees.

• offers many basic classes that can be transferred to 4 year colleges/universities.