Financing Higher Education Retake

Financing Higher Education Retake

11th Grade

20 Qs

quiz-placeholder

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Financing Higher Education Retake

Financing Higher Education Retake

Assessment

Quiz

Business

11th Grade

Medium

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of federal student aid?

Federal Work-Study

Federal Pell Grant

Direct Unsubsidized Loan

Private Scholarship

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of participating in a work-study program?

Gaining work experience

Earning money to help pay for education

Receiving a full scholarship

Flexible work hours

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of federal student loan?

Direct Subsidized Loan

Direct Unsubsidized Loan

Perkins Loan

Private Loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of not working while attending college is referred to as:

Tuition cost

Opportunity cost

Financial aid

Scholarship

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To ensure your student loan payments are manageable, it is recommended they should not exceed what percentage of your estimated starting income?

5-10%

10-15%

15-20%

20-25%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a good strategy for managing college-level coursework?

Procrastinating assignments

Skipping classes

Creating a study schedule

Ignoring deadlines

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential drawback of pursuing higher education?

Increased job opportunities

Higher earning potential

Accumulating student debt

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