Financial Aid Trivia

Quiz
•
Other
•
12th Grade
•
Hard

Vicki Schroeder
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
Who can receive scholarships to help pay for college?
Students with a GPA of 80+
Students who are exceptional athletes
Anyone (including all other choices)
Students who demonstrate leadership
2.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
What form(s) do ALL students and parents need to complete to receive financial aid?
FAFSA
New York State TAP
Say Yes Application
CSS Profile
Answer explanation
If you attend college in NY you have to file your TAP application. Some students are not eligible for Say Yes due to enrollment and address. The CSS Profile is required for more selective colleges. Make sure you check your emails!
3.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
Which of these statements about loans is FALSE?
Federal loans are better than private loans
Students should borrow as much money as possible
Students must pay back money they borrow with interest
Parent loans should be a last resort
Answer explanation
You should only borrow what you absolutely need. You can always approve your loan for LESS money than offered. Remember, you have to pay back this money with interest!
4.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
What is an example of other resources a student may use to pay for college?
Earnings from a job
Money from parents or family
Employer tuition reimbursement
All of the these
5.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
Once you file your FAFSA in your senior year of high school, you are set for up to 4 years.
TRUE
FALSE
Answer explanation
You must file your FAFSA EVERY year you are enrolled in college. Your college's financial aid office may remind you each year.
6.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
What does tuition include?
Taking classes only
Living on campus
Books
Campus meal plan
Answer explanation
Tuition only covers the cost of taking classes for credits. Remember, you will need money to cover the other costs.
7.
MULTIPLE CHOICE QUESTION
10 sec • 5 pts
How much is tuition at a 4-year SUNY school for the 2024-2025 school year?
$5,350
$3,700
$7,070
$10,100
Answer explanation
This is tuition only. SUNY costs will vary based on the individual campus' fees.
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