FAFSA and Dream Act Quiz #2

Which form is not intended for US citizens?

• FAFSA

• Dream Act

• Both FAFSA and Dream Act

• Neither

What is the SAI generated by?

• FAFSA/Dream Act

• College Board

• State Government

• Private Institutions

How often is the Pell Grant awarded?

• Once during college

• Every semester

• Every year

• Every two years

What happens to the Pell Grant if your income changes significantly?

• It remains the same

• It may increase

• It may decrease

• It is revoked

What is the first step to apply for a Pell Grant?

• Submit a college application

• Complete the FAFSA

• Attend a financial aid workshop

• Write a personal statement

How many different types of Cal Grants are there?

• 2

• 3

• 4

• 5

Where are Federal Work-Study jobs typically located?

• Only on campus

• Only off campus

• Either on or off campus

• Online only

Who needs to co-sign a subsidized student loan?

• No one

• Parent

• Guardian

• Spouse

What is the maximum loan amount for unsubsidized loans when combined with subsidized loans?

• $3,500

• $4,500

• $5,500

• $6,500

Do you need a parent to co-sign for an unsubsidized student loan?

• Yes

• No

• Only if under 18

• Only if over 21