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Financial Aid

Total questions: 14

Worksheet time: 7mins

Name
Class
Date
1.

What is a program "Sticker price"

a)

The real price of a program

b)

The price advertised but NOT paid by most people

c)

A way to recieve financial aid

2.

financial aid consists of...

a)

Lotto money, borrowed money, and found money

b)

Money from family and money from schools

c)

Gift money, borrowed money and earned money

3.

Grants are gift money. (you do not need to pay them back)

a)

False

b)

True

4.

What type of financial aid can you earn based on your achievements, skills, and belonging to a certain group?


a)

Grants

b)

Scholarships

c)

Loans

5.

Direct costs for programs include tuition, room and board, and student fees.

a)

False

b)

True

6.

Loans need to be paid back

a)

True

b)

False

7.

What is a program’s “net price?”

a)

The real price of a program, after financial aid is applied

b)

The price advertised but NOT paid by most people.

c)

A way to receive financial aid. 

8.

Indirect program costs may include…

a)

Textbooks

b)

Transportation

c)

Laundry

d)

All of the above

9.

I need to fill out the FAFSA for 

federal financial aid.

a)

True

b)

False

10.

The FAFSA is completed online…

a)

True

b)

False

11.

Some private colleges will require me to fill out the CSS Profile for institutional aid.

a)

True

b)

False

12.

Work Study....

a)

Money you earn by studying

b)

Earned financial aid through work

c)

A class where you learn about careers

13.

I can apply for state-aid reduce the cost of in-state colleges/programs

a)

True

b)

False

14.

Where can I find resources to complete my financial aid applications on the Platform?

a)

On my phase checklist which is attached to my weekly message

b)

 In my files tab

c)

On my post-secondary tool