CCR - Q1 - 9 WKS TEST

1. Which of the following students would likely be considered independent on the FAFSA?

• A 25-year-old graduate student
• A 20-year-old single college sophomore with no children
• A 17-year-old high school senior living with parents
• A 19-year-old freshman whose parents claim them as a dependent

2. Which of the following can reduce the overall cost of college?

• Scholarships
• Work-Study
• Dual Credit - College Credits
• All of the above

3. The ApplyTexas application allows students to:

• Apply for financial aid
• Apply for job on campus
• Apply to multiple Texas Colleges with one application
• Apply for scholarship directly

4. Which of the following is federal aid?

• Grants
• Scholarships
• Work-Study
• Student Loans

5. True or False: TASFA is the financial aid application used by Texas residents who are not eligible to complete the FAFSA.

• True
• False

6. True or False: A student who is claimed as a dependent on their parents’ taxes is always considered an independent student on the FAFSA.

• True
• False

7. Which of the following is a type of financial aid you do not need to repay?

• Student Loans
• Grants
• Credit Cards
• Parent PLUS Loans

8. When filling out the FAFSA, a dependent student must include:

• Only their personal income
• Only their savings account balance
• Their own information plus their parent(s)’ financial information
• Only their future expected income

9. True or False: Work-study allows students to earn money for school through part-time jobs.

• False
• True

10. True or False: FAFSA is only used one time and does not need to be renewed every year.

• True
• False