WorksheetsBR Financial Literacy Education and Careers
Total questions: 30
Worksheet time: 15mins
What degree is awarded for a program that lasts 4 years?
associate's degree
bachelor's degree
certificate
technical degree
Community colleges offer a 2 year degree, this is:
Associate's degree
Bachelors degree
Masters degree
PhD
I want to be a master carpenter one day. Which program should I pursue?
Trade School
Bachelor's Program
Associate's Degree
Master's Degree
If I went to a trade school, which career could I potentially pursue?
Professor
Stock Broker
Teacher
Electrician
I want to be a teacher. Which degree is best for me to pursue?
Doctoral Degree
Trade Certificate
Associate's Degree
Bachelor's Degree
Financial aid awarded to a student, as for the purpose of attending an institution of higher learning, often offered for academic achievement; does not require repayment
Mentor
Scholarship
Grant
Loan
Financial aid given to a student of an institution of higher learning by the federal government, state government, college, or organization; usually offered due to financial need; does not require repayment
Mentor
Scholarship
Grant
Loan
Financial aid provided on the terms it will be repaid
Mentor
Scholarship
Grant
Loan
Program providing financial aid to a student of an institution of higher learning in exchange for employment services
Work-study Program
Employability
Employability Skills
Initiative
What is the typical amount of time needed to complete an Associates Degree?
1 year
2 years
4 years
6-9 months
What is Financial Aid?
A loan that must be repaid with high interest
Money that is given to pay for students' education
A type of investment in stocks
A mandatory fee for all college students
What is a major advantage of receiving Financial Aid?
It increases the national debt.
It has to be repaid by everyone, regardless of circumstances.
It can make education more accessible.
It guarantees a high-paying job after graduation.
What does the acronym FAFSA mean?
Financial Application for Free Student Assistance
Free Assistance for Fast Student Approval
Free Application for Federal Student Aid
Formal Application for Federal Student Assistance
Does it cost money to file the FAFSA?
Yes
Only if you fill it out after January 1st
No
Only if your college requires a fee
The FAFSA becomes available starting...
January 1
March 2
May 1
October 1
Most need-based aid is awarded on a first-come, first-served basis so it is best to file the FAFSA as soon as possible.
True
False
What does SAR stand for?
Standard Aid Report
Student Aid Ratio
Student Aid Report
None of the above
Loans are...
Free Money
Borrowed Money
Earned Money
Not given through FAFSA
Short-term work for little to no pay in exchange for an opportunity to work and learn.
Apprenticeship
Internship
Job Shadowing
Work Study Program
Places that offer two-year associate’s degree programs in a range of occupational areas.
Community Colleges
Universities
Military
Job Shadowing
True or False. You make money while still training during an apprenticeship
True
False
Valentina wants to attend a local university to become a paralegal. In two years, if she works and studies hard, she will earn a(n) _____________.
Apprenticeship
Associate's Degree
Bachelor's Degree
Salary
Certification
Mae wants to go to graduate school to study chemistry and after six years she will graduate with a(n) ___________________.
Apprenticeship
Associate's Degree
Master's Degree
Bachelor's Degree
Certification
To gain more experience in the field of accounting, Kali decided to do an ____________________ at a local accounting firm.
Salary
Bachelor's Degree
Certification
Internship
Doctorate Degree
How can scholarships as a form of Financial Aid impact a student's education?
By requiring repayment with interest
By limiting the choice of schools
By reducing the financial burden of education for the student that takes the aid
By increasing the cost of living expenses
Four-year colleges/universities offer undergraduate programs. After completing these programs, students earn a bachelor's degree.
True
False
What is the money that you get back relative to the money that you have spent?
A unit of account
A store of value
A medium of exchange
Return on Investment
What is a potential disadvantage of taking out student loans as Financial Aid?
They provide immediate access to education.
They may lead to long-term debt.
They reduce the cost of education.
They offer flexible repayment options.
