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Deciphering Your Financial Aid

Total questions: 12

Worksheet time: 8mins

Name
Class
Date
1.

The __________________ minus financial aid awarded equals ____________________.

(a)  

2.

Your Tuition, fees, books, and other expenses are included in your ____ __ __________

(a)  

3.

A federal loan that pays very high interest and requires a credit check is a (a)   loan

4.

Financial aid given from athletic ability are called

a)

Grants

b)

Scholarships

c)

Work-Study Jobs

d)

Loans

5.

Every student planning to go to college should apply for financial aid.

a)

True

b)

Final

6.

You should entirely read your financial aid statement

a)

True

b)

False

7.

Work-Study loans are automatically given to you

a)

True

b)

False

8.

Your FAFSA helps your school determine the amounts of federal student aid you'll receive

a)

True

b)

False

9.

(a)   are a type of financial aid that does not need to be repaid

10.

Select the types of financial aid

a)

grants

b)

scholarships

c)

work-study

d)

loan

11.

Cost of attendance includes

a)

room and board

b)

books, supplies

c)

transportation

d)

All of the above

12.

I should submit the FAFSA form

a)

Every year

b)

Every month

c)

Every two year

d)

Every year you plan on attending college