GFL Strand 3, Standard 2: Prepping for Post-Secondary Careers

What is one benefit of post-secondary education?

• It increases the chances of earning higher income over a lifetime.

• It guarantees a job right after graduation.

• It reduces the need for professional skills.

• It eliminates the need to pay taxes.

What is FAFSA?

• A government form to apply for student financial aid.

• A tax form for deducting education expenses.

• A scholarship program for private schools only.

• A test students must pass to enter college.

What is a scholarship?

• A loan that must be repaid after college.

• Money given to students to pay for education that doesn’t need repayment.

• A program to lower the cost of textbooks.

• An investment program for retirement.

What is a grant?

• Free money for education that doesn’t need to be repaid.

• A loan with a low interest rate.

• A job offered to students during their education.

• A special savings account for tuition.

What is ROI (Return on Investment) in education?

• The benefits you get compared to the cost of education.

• A refund you receive after paying tuition.

• The interest earned from a student loan.

• A type of grant for professional training.

What is the main cost of higher education?

• Housing costs only.

• Tuition, fees, and living expenses.

• Paying taxes on scholarships.

• Free resources provided by the government.

What is the benefit of starting a 529 plan early?

• It allows you to borrow money for college.

• It provides tax-free savings for education.

• It ensures immediate admission to any college.

• It eliminates the need to apply for scholarships.

What is a work-study program?

• A job offered to students to help pay for education.

• A program to study and work overseas.

• A way to reduce tuition fees permanently.

• A test required for financial aid.

What is the difference between public and private education costs?

• Public education is always free for everyone.

• Private education is usually more expensive than public education.

• Public schools charge higher fees than private schools.

• Private schools require no additional funding.

What is one advantage of attending a public university?

• Public universities are usually less expensive.

• They guarantee better job offers.

• They are only available in big cities.

• They provide free housing to all students.