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Paying for college

Total questions: 10

Worksheet time: 9mins

Name
Class
Date
1.

Jose receives payment for his tuition after filling out an application. To decide if he qualified for this program, his grades and test scores were evaluated. Jose does not have to pay this money back.

a)

Grant

b)

Loan

c)

Work Study

d)

Scholarship

2.

Mary receives a job offer on campus. She will be working in the school library after her classes every day. The money she earns while working is used to pay her tuition.

a)

Grant

b)

Loan

c)

Work Study

d)

Scholarship

3.

Francisco and his family have been preparing for college for a long time. Every month they add money to a bank account for Francisco’s tuition.

a)

Savings

b)

Loan

c)

Grant

d)

Scholarship

4.

Money awarded to students that does NOT need to be repaid, often based on need

a)

Loan

b)

Grant

c)

Savings

d)

Work Study

5.

Money awarded to students based on achievement, does NOT have to be repaid

a)

Grant

b)

Loan

c)

Work Study

d)

Scholarship

6.

Money borrowed that has to be paid back with interest

a)

Grant

b)

Loan

c)

Work Study

d)

Scholarship

7.

Your father lost his job and the family’s income became much lower. You received money from

the government to pay for college.

a)

A scholarship

b)

A grant

c)

Work Study

d)

Loan

8.

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

a)

A scholarship

b)

A grant

c)

Work Study

d)

Loan

9.

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

college team.

a)

A scholarship

b)

A grant

c)

Work Study

d)

Loan

10.
Lisa has a scholarship that pays for 75% of her tuition for all four years she attends college. What is the total amount the scholarship is worth if Lisa’s classes cost $12,000 per year?
a)
$48,000
b)
$36,000
c)
$50,000
d)
$10,800