Post High School/Financial Aid Review

What are the two types of student loans?

• Subsidized and Unsubsidized

• Federal and Private

• Grant and Scholarship

• Work-study and Award

For your FAFSA, you will use your parents’ taxes unless you are:

• Employed full-time

• Over 25 years old

• An independent student

• A graduate student

Which of the following is not a type of financial aid for college?

• Scholarship

• Grant

• Work-study

• Credit card

What is FAFSA?

• A type of scholarship

• A federal student aid application

• A student loan company

• A college savings plan

What is the unemployment rate?

• The percentage of people without a job

• The number of job openings

• The average salary of workers

• The number of people employed

Which of the following is a type of postsecondary education?

• High school

• Middle school

• College

• Elementary school

What is a grant?

• A loan that must be repaid

• A gift aid that does not need to be repaid

• A type of work-study program

• A federal tax credit

Which of the following is a type of scholarship?

• College based

• Loan based

• Tax based

• Employment based

What is the purpose of a work-study program?

• To provide full-time employment

• To offer part-time jobs to students

• To give scholarships to students

• To provide grants to students

Which of the following is a private student loan?

• Federal Direct Loan

• Perkins Loan

• Sallie Mae Loan

• Stafford Loan