PERSONAL FINANCE (S2) Pre-Assessment
Authored by Desiree Campos
Financial Education
12th Grade
Used 1+ times
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70 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the most effective way to minimize student loan debt?
Apply for private loans
Choose a college based on prestige
Work part-time while in school
Spend more using credit cards
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A 529 plan is:
A savings plan for retirement
A college savings plan with tax benefits
A private loan for students
A government-funded scholarship
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the recommended percentage of your college costs to cover with loans?
50%
75%
0%
25%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When planning for college, why is it important to start early?
To gain more financial aid
To invest in high-risk stocks
To save for tuition and avoid debt
To ensure immediate enrollment
5.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following should be avoided when applying for scholarships?
Evaluate responses using AI:
OFF
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does FAFSA stand for?
Free Application for Student Assistance
Federal Assistance for Student Aid
Free Application for Federal Student Aid
Financial Assistance for School Applicants
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major benefit of community colleges?
Free textbooks
Lower tuition costs
Guaranteed job placement
Easier curriculum
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