
Financial Aid Study Quiz
Authored by Amy Denise Webb
Other
10th Grade
Used 7+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person or office who manages the financial affairs of a college or university.
Bursar
Purser
Chancellor
Admissions clerk
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A designation that is based on a student's financial need.
A) Merit-Based
B) Need-Based
C) Scholarship
D) Student Loan
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A term meaning that something is based on a student's skill or ability. For example, this type of scholarship might be awarded based on a student's high grades, or ACT score.
EFC
COA
Merit-based
Need-based
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money that is owed to a person or business and is to be paid back, usually with interest.
Debt
Scholarship
Grant
Tuition
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of financial aid in which students are hired for part-time jobs, usually by their college, and often for work on campus.
Merit-based
Work-study
Demonstrated need
Grant
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial product that allows students and their families to pay for college in installments over time, instead of paying the full amount at once.
Tuition payment plan
Cost of Attendance
Subsidized loan
Balloon note
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refers to a college admission policy that does not take into account an applicant's financial status when deciding whether to accept them.
A) Front-loading
B) Grant
C) Selective service
D) Need blind
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