Search Header Logo

Paying for College & Statistical Analysis Unit Assessment

Authored by SIVA GOPARAJU

Financial Education

11th Grade

Paying for College & Statistical Analysis Unit Assessment
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The FAFSA is used to determine your eligibility for...

Private loans and merit-based scholarships

Scholarships, grants, work study, and federal loans

Grants to study abroad

Free room and board

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are potential benefits of attending college EXCEPT...

College graduates are more likely to get a higher paying job

Your employer is required to help you pay back your student loans

A majority of jobs require some college education

College graduates are more likely to work for an employer that offers health insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between a federal subsidized loan and a federal unsubsidized loan?

Subsidized loans are given to parents, while unsubsidized loans are given to undergraduates

Subsidized loans are charged interest daily, while unsubsidized loans are charged interest monthly

Subsidized loans need to be repaid, while unsubsidized loans do not need to be repaid

Subsidized loans are interest-free until graduation, while unsubsidized loans are charged interest throughout the whole term of the loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Scout has each of the following options available to her for paying for her first year of college. Which should she choose first?

A work-study job worth $500

A $1,500 scholarship from her father’s employer

A $2,000 subsidized federal loan

A $14,000 private student loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following equations is true about college costs?

Sticker Price = Net Price - Scholarships - Loans - Grants

Sticker Price = Net Price - Scholarships - Grants

Net Price = Sticker Price - Grants - Scholarships

Net Price = Sticker Price - Loans - Grants

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Horace is going to college and wants to be sure he has enough aid to cover the total cost of attending. All of the following are additional expenses that you should make him aware of EXCEPT...

Fees associated with filling out the FAFSA

Costs of a living in a dorm room or renting off campus

An on-campus meal plan

Textbooks and supplies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is a Student Aid Report (SAR) different from a financial aid offer?

Student aid report is for public colleges, while financial aid offer is for private colleges

Student aid report comes from the state government, while financial aid offer comes from the federal government

Student aid report is based solely on FAFSA responses, while financial aid offer is customized by each college

Student aid report includes all types of financial support, while financial aid offer is federal loans only

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?