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Financial Aid Quiz

Total questions: 20

Worksheet time: 11mins

Name
Class
Date
1.

You are an education, major and part of your financial aid is the money you earn as a tutor.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

2.

You are majoring in Chemistry and entering your third year of college. You receive money from the federal government that awards financial aid to students majoring in STEM.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

3.

You receive $500 from the local cultural society.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

4.

Your father lost his job and the family's income became much lower. You received money from the government to pay for college.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

5.

You borrow money through a federal program to pay for your education this year.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

6.

You entered your painting in a contest and won $750 to pay towards your college expenses.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

7.

You work in an office on campus after class every day.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

8.

You receive $3,000 per year from the lottery funds in your state. Every high school graduate can receive this aid if they attend an in-state college.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

9.

You received $4,000 from the federal government because you promised to teach in a school that serves low income students after graduation. If you change your mind, you will have to repay the full amount.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

10.

You were a high school athlete. The university is paying your tuition while you play on the college team.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

11.

Your parents borrowed money through a U.S. government program for parents of college students.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

12.

You were raised by a single parent. Your family income qualified you to receive a need based award from the U.S. government.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

13.

You are going to school to study voice performance, and you receive $1,000 per semester because you sing in the college choir.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

14.

You work 20 hours per week in the library at your college.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

15.

Your family qualified for a federal government program that reduced the interest on the money you borrowed to pay for college.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

16.

Your mom works for a company that will pay 50% of your tuition at any in-state public college.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

17.

You receive a $1,000 award to help pay for college from a local community organization in recognition of your volunteer activities.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

18.

Your other financial aid did not cover all of your college costs, so you borrowed money from a private lender.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

19.

You work in the college's computer lab three days per week.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study

20.

Your SAT scores qualified you as a National Merit Scholar. Several schools have offered you free tuition.

a)

Grant

b)

Scholarship

c)

Loan

d)

Work Study