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Quiz 10 Chapter 10

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of these is NOT one of the 4 main types of financial aid?

a)

Grants

b)

Loans

c)

Federal Work Study

d)

Income

2.

Which of these is NOT an eligibility requirement for Work Study?

a)

Meet enrollment requirements

b)

Not be in default or owe a refund to a grant

c)

Must be enrolled full time

d)

Maintain a GPA of 2.5 or higher

3.

How do you apply for a Pell Grant?

a)

File FAFSA

b)

It is automatically awarded based on need

c)

Talk to Student Business Services

4.

What is the difference between an Unsubsidized and Subsidized loan?

a)

Who pays the interest

b)

Nothing

c)

One of them can only be taken out by a parent

5.

If you are a first-time borrower at UTEP, you must complete _______?

a)

Entrance Counseling

b)

FAFSA Counseling

c)

Direct Counseling

6.

You are not eligible for Work-Study if you are_____. (2 answers).

a)

an international student

b)

pursuing certification

c)

unemployed

d)

a mean person

7.

Can you receive financial aid if you don't have a high school diploma?

a)

Yes

b)

No

8.

A good way to save some money is to ______.

a)

pack lunch rather than buying at school

b)

buy used books

c)

apply for scholarships

d)

all

9.

How many hours will financial aid pay for?

a)

150% of the hrs needed toward a degree

b)

100% of the hrs needed toward a degree

c)

180% of the hrs needed toward a degree

d)

200% of the hrs needed toward a degree

10.

Graduate students need to maintain a GPA of 3.0 in order to qualify for financial aid.

a)

True

b)

False