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WorksheetsPaying For College
Total questions: 10
Worksheet time: 5mins
A student loan has to be paid back.
True
False
What are some ways people use to help pay for college?
Using cash
Scholarships
Asking forgiveness/bankruptcy
Work Study Programs
Student Loans
Money awarded to a student for grades, extracurricular activities, or athletics is a ______________________.
Gift
Loan
Scholarship
Benefit of being a good student
Scholarships have to be paid back.
True
False
Money awarded to a student to help pay for college, but does not have to be paid back, and is usually strictly based off of income is a ____________________.
Loan
Award
Gift
Grant
When a student receives money to pay for college, and the money must paid back, it is a _____________________.
Scholarship
Grant
Student Loan
Work Study
You will be forgiven student loan debt only if you __________.
Lose your job
File for bankruptcy
Die
Refuse to pay
The amount of money it costs you to borrow money is referred to as _________________.
Interest
Loan Amount
Principal Balance
Scholarship
The form you must fill out to be eligible for any type of financial aid, including student loans is the ____________.
Loan Application
Scholarship Application
Government Application
FAFSA
A majority of students receive scholarships/grants/loans to help pay for college.
True
False
