WorksheetsPFL Unit 1 Test Review
Total questions: 26
Worksheet time: 13mins
With this type of loan, the US Dept of Education pays for interest accrued while you are in school
Unsubsidized Federal Direct Loan
Subsidized Federal Direct Loan
Application that is required for all federal financial aid
1040EZ
SAR
FICA
FAFSA
The trade-off made by making one choice instead of another
Personal Financial Planning
Opportunity cost
Values
Need
Position where a person receives training in a certain field by working with experienced people.
Pell Grant
Scholarship
Work Study
Internship
Which of the following of financial aid needs to be paid back after completing college?
Federal direct loans
Institutional Aid
Pell Grant
Scholarships
Natural abilities that people possess
Hobbies
Talents
Aptitudes
Personality
A commitment to work in a field that you find interesting and fulfilling
Career
Job
Interview
Aptitude
Everything in your life that involves money
Opportunity cost
Personal Finance
Values
Goals
One or two page summary of your education, training, experience, and qualifications for a job
Cover Letter
References
Resume
Interview
Which of the following is not one of your rights as an employee
Cannot be fired because of discrimination
paid time off for holidays
Paid minimum wage and overtime
Program where students earn money (like a paycheck) by working part time for a college
FAFSA
Scholarship
Pell Grant
Work Study
Price increases or decrease in demand for goods and services that reduce career opportunities
Demographic Trends
Economic Trends
Geographic Trends
Type of college degree that usually takes 3-7 years to complete (most often 4)
Master's Degree
Associate's Degree
Bachelor's Degree
PHD
Which of the following would be an example of a short term financial goal
Buying a car in 2 years
Saving up for a limo for Prom in April
Buying a house in 7 years
The purpose of the resume and cover letter are:
Get connected to people in your career field
Get your name known
Securing a job interview
College savings plan set up by individual states to help save for future education costs
529 Plan (EdVest)
Pell Grant
Institutional Aid
401K
The things you want to accomplish in life
Needs
Goals
Opportunity Cost
Values
Type of loan that allows parents to borrow money for their children's education
Pell Grant
Federal Unsubsidized Direct Loan
PLUS Loan
Denny's Loan
Which of the following is good protocol during a job interview?
Not asking questions after the interview
Overdoing on your latest perfume/cologne
Firm handshake
Not admitting a weakness
Drew has just finished writing and submitting an essay on "How music changes has positive effects on the mind" to the Association of Classical Musicians and Artists. What type of financial aid did Drew get awarded?
Pell Grant
Scholarship
Private Loan
FAFSA
How has the costs of college changed in the last 20 years?
Increased dramatically
Decreased Dramatically
If a person enjoys being outside and taking hikes may have an aptitude for a career in:
Office management
Teaching English
Clothing Design
Environmental Management/Conservation
Which of the following is NOT used to calculate your financial aid package
Cost of Attendance
Expected Family Contribution
Academic standing
A populations age, gender ratio, socioeconomic status affects what type of trend?
Economic Trend
Demographic Trend
Geographical Trend
Political Trends
Tech jobs in Silicon Valley and government jobs being in major cities like Washington D.C affect what type of trends?
Geographical Trends
Political Trends
Economic Trends
Demographic Trends
When is the FAFSA due?
January 31st
September 1st
Your College's selection day
June 30th
