WorksheetsEduFin
Total questions: 21
Worksheet time: 25mins
Money you receive for school that does not have to be paid back. Select all that apply.
Federal Student Loans
Grants
Private Student Loans
Scholarships
All of the following are costs of going to college EXCEPT...
Tuition and fees
Room and board
Textbooks
Scholarships and grants
Money you receive for school that does not have to be paid back. Select all that apply.
Federal Student Loans
Grants
Private Student Loans
Scholarships
You are an education major, and part of your financial aid is the money you earn as a tutor.
A scholarship
A grant
Work Study
Loan
You or your parents borrowed money through a federal program to pay for your education this year.
A scholarship
A grant
Work Study
Loan
You were a high school athlete. The university is paying your tuition while you play on the college team.
A scholarship
A grant
Work Study
Loan
You work 20 hours per week in the library at your college.
A scholarship
A grant
Work Study
Loan
What kinds of aid are you eligible for by filing the FAFSA? Select all that apply.
Grants and Scholarships
Private Student Loans
Work-Study
Federal Student Loans
You borrowed money through a federal program to pay for your education this year.
A scholarship
A grant
Work Study
Loan
You were a high school athlete. The university is paying your tuition while you play on the
college team.
A scholarship
A grant
Work Study
Loan
You receive $500 from the local cultural society.
scholarship
grant
work study
loan
You work in an office on campus after class every day.
scholarship
grant
work study
loan
You are going to school to study voice performance, and you receive $1000 per semester because you sing in the college choir.
scholarship
grant
work study
loan
What is a benefit of going to college and having a college degree?
Lower lifetime earnings
Lower interest rates on future loans
Expanded professional and social netowrk
Guaranteed starting salary of $50,000 after graduation
How do scholarships and grants differ?
Scholarships are need-based; grants are merit-based
Grants are private forms of aid; scholarships are federal
Grants are need-based; scholarships are merit-based
They're not different; they are one and the same
Martha is an accountant and makes $67,000 per year. Her friend, Henry, is an auto mechanic and makes $37,000 per year. How much more will Martha make over the next 10 years than Harry?
$300,000
$104,000
$670,000
$633,000
(6.14G) Jared's family has been saving $500 per month for his college education since Jared was born. How much money will Jared's family have saved up by the end of Jared's 18th year?
$6,000
$9,000
$36,000
$108,000
Determine the amount that needs to be paid.
4 years of tuition
$12,800 per year
$3,200
$25,600
$51,200
$102,400
What does annually mean?
always
yearly
salary
wages
Based on this information, how much more will an elevator technician make than a librarian over 10 years?
$174,930
$126,307
$17,493
$1,263,070
Drawn your money

