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Post Secondary Exam

Total questions: 32

Worksheet time: 16mins

Name
Class
Date
1.

Two-year colleges generally award which kind of degree?

a)

Associate's Degree

b)

Bachelor's Degree

c)

Master's Degree

d)

Doctorate

2.

What type of degree is typically awarded for four years of study at a college or university?

a)

Associate's Degree

b)

Bachelor's Degree

c)

Master's Degree

d)

Doctorate

3.

When paying tuition, you are referring to:

a)

Books and Fees

b)

College Classes

c)

Meal plan at the dormitory

d)

Application for college

4.

"Room & Board" is the money paid for:

a)

Books

b)

Living Arrangements

c)

College classes & Fees

d)

All of the above

5.

A subject area of most intensive study is called:

a)

Major

b)

Minor

c)

Associates

d)

Bachelor's

6.

A grant is money for college that you:

a)

Receive from the government and you don't pay back

b)

Awarded based on academic or other achievement

c)

Pay back with interest

d)

Don't have to apply for

7.

A college loan is money that you:

a)

Receive from the government and you don't pay back

b)

Awarded based on academic or other achievement

c)

Pay back with interest

d)

Don't have have to apply for

8.

A scholarship is money for college that you:

a)

Receive from the government and you don't pay back

b)

Awarded based on academic or other achievement

c)

Pay back with interest

d)

Don't have have to apply for

9.

To qualify for scholarships, you should:

a)

Get involved in extracurricular activities

b)

Take the ACT or SAT test your junior and senior year to get the best possible score.

c)

Work hard in school

d)

All of the above

10.

The application for federal student financial aid is called:

a)

Free Application for Federal Student Aid (FAFSA)

b)

American Lending Document

c)

National Borrowing and Loan Packet

d)

Government Application for College & University Aid

11.

Which of the following does NOT contribute to your lifetime earning potential?

a)

Career Choice

b)

Level of Education

c)

Years of work experience

d)

All of these answer contribute to your lifetime earning potential.

12.

When completing the FAFSA, you will need:

a)

Social Security Number

b)

Your Tax Information

c)

Your parent's Tax Information

d)

All of the above

13.

Select the answer that best describes why the return on investment (ROI) for higher education is high even though the cost of college is increasing.

a)

You have the potential to earn more money in the future when you continue your education past high school.

b)

You must have the potential to earn less money in the future when you continue your education past college.

c)

Higher education is not an investment but a debt.

d)

Earning potential is not affected by education level.

14.

Public colleges and universities are less expensive than private college because:

a)

They are partially funded with private business funds

b)

They don't offer as high quality of education

c)

They are in less expensive areas of the nation

d)

They are partially funded with taxpayer funds.

15.

Which type of loan requires that you pay the interest accumulated during college?

a)

Pell Grant

b)

Subsidized Federal Loan

c)

Unsubsidized Federal Loan

d)

University Scholarship

16.

When referring to student loans, what is a grace period?

a)

The time period between graduating college and starting your first job when you don’t have to pay back student loans.

b)

The period after graduating or leaving school before you must begin paying back student loans

c)

The amount of time you have to pay back your entire student loan amount.

d)

None of the above

17.

Which of the following statements about federal student loans is TRUE?

a)

The interest rate on your loan will be fixed over time.

b)

The interest rates on federal loans and private loans are similar

c)

You can only get federal loans if you demonstrate financial need.

d)

You do not accumulate interest on federal loans.

18.

Using the FAFSA from, you can apply for:

a)

Federal Student Loans

b)

The Federal Work-Study Program

c)

Private Loans

d)

Both Student Loans & Work Study

19.

How old do you have to be to join the military without parent consent?

a)

17

b)

18

c)

19

d)

You don't need parent consent to join

20.

Private colleges tend to offer more __________ to a wider variety of students.

a)

Grants

b)

Scholarship

c)

Loans

d)

Internships

21.

What is the name of the entrance exam to get into the military?

a)

ACT

b)

SAT

c)

ASVAB

d)

ACCUPLACER

22.

West Point is the location of which military branch academy?

a)

Army

b)

Navy

c)

Air Force

d)

Marines

23.

Colorado Springs is the location of which military branch academy?

a)

Army

b)

Navy

c)

Air Force

d)

Marines

24.

Which of the following is not on your high school transcript?

a)

Grade Point Average

b)

Attendance

c)

Credits Earned

d)

Student's Name

25.

When colleges assist you in getting a job in a field you went to school for, it is known as what?

a)

Job Hunting

b)

Job Searching

c)

Job Positioning

d)

Job Placement

26.

In order to get accepted into any military academies, an applicant must have:

a)

A letter of recommendation from your employer.

b)

A letter of recommendation from your teacher

c)

A letter of recommendation from your school superintendent.

d)

A letter of recommendation from either a Congressmen or Senator

27.

Which of the following ways to pay for college IS NOT based off of the FAFSA results?

a)

Scholarships

b)

Grants

c)

Work-Study

d)

Loans

28.

The cost of education includes which of the following?

a)

Tuition & Fees

b)

Books & Supplies

c)

Room & Board

d)

Personal Transportation

e)

All of the above

29.

Which of the following schools would you receive a Liberal Arts Degree?

a)

University of Nebraska- Omaha

b)

Creighton University

c)

Wayne State College

d)

Joseph's College of Beauty

30.

Which of the following is a benefit of attending a community college before transferring to a four-year university?

a)

Higher tuition costs

b)

Limited course options

c)

Smaller class sizes

d)

Less qualified instructors

31.

What is the primary purpose of the SAT and ACT exams?

a)

To determine eligibility for federal student loans

b)

To assess a student's readiness for college

c)

To provide career counseling

d)

To evaluate high school teachers

32.

Which type of financial aid must be repaid with interest?

a)

Scholarships

b)

Grants

c)

Federal student loans

d)

Work-study earnings