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Paying for & Attending College Videos Test Bank

Total questions: 107

Worksheet time: 54mins

Name
Class
Date
1.

What is one reason college financing is considered tricky?

a)

It is easy to understand.

b)

It involves complex processes and high costs.

c)

It is only available to a few students.

d)

It is not necessary for most students.

2.

What is one way to help minimize tuition costs?

a)

Taking out more student loans.

b)

Attending a local community college for core credits.

c)

Dropping out of college.

d)

Avoiding college altogether.

3.

What is one way to potentially eliminate tuition costs?

a)

Winning a lottery.

b)

Challenging for credits by demonstrating proficiency.

c)

Borrowing money from friends.

d)

Working multiple jobs.

4.

Oftentimes, students who go to college deal with what scenario?

a)

They often have no debt.

b)

They leave with large amounts of tuition debt.

c)

They always find high-paying jobs.

d)

They regret going to college.

5.

What is the chance that a FAFSA applicant will get some type of financial aid for college?

a)

35%

b)

55%

c)

85%

d)

100%

6.

How much does it cost to file the FAFSA each year?

a)

$85.00

b)

It depends on your family's income

c)

It depends on what college you go to

d)

It's free

7.

When does the FAFSA officially open each year?

a)

October 1

b)

October 15

c)

November 1

d)

November 15

8.

Which people do NOT need to file a FAFSA?

a)

Adam, a senior in high school, is applying to community college.

b)

Sarah, a senior in college, is applying to grad school.

c)

Gina, a senior in college, is taking a gap year before joining the military.

d)

Yunior is a part-time student enrolling as a full-time student next year.

9.

Why should you avoid giving your personal information over the phone if you didn't initiate the call?

a)

To protect yourself from getting too much aid

b)

To protect yourself from identity theft

c)

To ensure the public can access your information

d)

You can give your information over the phone without any concerns.

10.

What is the primary purpose of the FAFSA?

a)

To apply for scholarships only

b)

To determine eligibility for federal student aid

c)

To secure a student loan automatically

d)

To enroll in college classes

11.

Which of the following groups is generally NOT eligible to file a FAFSA?

a)

High school seniors

b)

Graduate students

c)

Non-degree seeking students

d)

Adult learners

12.

What is a common mistake when filling out the FAFSA?

a)

Listing parents' income incorrectly

b)

Filing too early

c)

Forgetting to sign the application

d)

All of the above

13.

How can students submit their FAFSA application?

a)

Only by mail

b)

Online, by mail, or through a mobile app

c)

Only in person at the financial aid office

d)

By email

14.

What information is NOT required to complete the FAFSA?

a)

Social Security number

b)

College major

c)

Tax information

d)

Dependency status

15.

Why is it important to keep a record of your FAFSA submission?

a)

To ensure you can apply again next year

b)

To provide documentation if asked by the college

c)

To verify your income in the future

d)

It's not important

16.

What is the expected family contribution (EFC)?

a)

The amount a family must pay for college

b)

The total amount of financial aid awarded

c)

A loan that families can apply for

d)

A grant given to families in need

17.

How often must you file the FAFSA if you are in college?

a)

Every semester

b)

Once a year

c)

Every two years

d)

Only when transferring schools

18.

What does FAFSA stand for?

a)

Federal Application for Student Aid

b)

Free Application for Federal Student Aid

c)

Financial Aid for Students and Families Application

d)

Federal Aid for Students Application

19.

Which of the following is a type of federal student aid that does not need to be repaid?

a)

Student loans

b)

Work-study

c)

Pell Grant

d)

None of the above

20.

When can students start filing the FAFSA for their senior year?

a)

January 1st

b)

October 1st

c)

March 1st

d)

December 1st

21.

Which type of federal student aid provides part-time jobs for students on campus?

a)

Pell Grant

b)

FSEOG

c)

Work-study

d)

Student loans

22.

What is the primary purpose of the FAFSA?

a)

To apply for college admission

b)

To apply for federal student aid

c)

To apply for scholarships

d)

To apply for student housing

23.

Which grant is specifically for undergraduate students with exceptional financial need and is only available at participating colleges?

a)

Pell Grant

b)

FSEOG

c)

Work-study

d)

Student loans

24.

What is a key benefit of participating in a work-study program?

a)

It provides a full-time job

b)

It offers free tuition

c)

It helps students engage more in college

d)

It eliminates the need for student loans

25.

Which type of federal student aid must be repaid?

a)

Pell Grant

b)

FSEOG

c)

Work-study

d)

Student loans

26.

What does the term "grant" imply in the context of student financial aid?

a)

Money that must be repaid with interest

b)

Money that does not need to be repaid

c)

A loan with a low interest rate

d)

A scholarship based on academic merit

27.

Which of the following is NOT a type of federal student aid mentioned in the prompt?

a)

Pell Grant

b)

FSEOG

c)

Work-study

d)

Academic scholarships

28.

What is the most important fact to know about student loans?

a)

They do not need to be repaid.

b)

They have to be repaid.

c)

They are only available for graduate students.

d)

They are interest-free.

29.

How do federal loan interest rates compare to private loan interest rates?

a)

Federal loan interest rates are often higher.

b)

Federal loan interest rates are often lower.

c)

Federal loan interest rates are the same as private loan rates.

d)

Federal loan interest rates vary each year.

30.

What is a characteristic of federal loan interest rates?

a)

They increase every year.

b)

They decrease every year.

c)

They stay the same throughout the duration of the loan.

d)

They are determined by the borrower's credit score.

31.

Which type of loan is for students who demonstrate financial need?

a)

Direct unsubsidized loan

b)

Direct subsidized loan

c)

Private loan

d)

Parent PLUS loan

32.

What happens to the interest on a direct subsidized loan while you are in school?

a)

It accrues and must be paid monthly.

b)

It does not accrue.

c)

It is added to the principal amount.

d)

It is paid by the school.

33.

What happens to the interest on a direct unsubsidized loan while you are in school?

a)

It does not accrue.

b)

It is paid by the government.

c)

It accrues.

d)

It is waived.

34.

Do student loans require a credit check or a cosigner?

a)

Yes, always.

b)

No, they do not require a credit check or a cosigner.

c)

Only for private loans.

d)

Only for loans over $10,000.

35.

Which type of loan might have increasing interest rates each year?

a)

Federal loans

b)

Direct subsidized loans

c)

Direct unsubsidized loans

d)

Private loans

36.

What is one advantage of sticking with federal loans?

a)

They require a cosigner.

b)

They have variable interest rates.

c)

They often have lower interest rates than private loans.

d)

They are only available to graduate students.

37.

Which of the following is NOT true about direct subsidized loans?

a)

They are for students with financial need.

b)

They accrue interest while you are in school.

c)

They do not require a credit check.

d)

They have a fixed interest rate.

38.

What is the main concern addressed in the conversation about college funding?

a)

The availability of scholarships

b)

How to pay for college

c)

Choosing the right college

d)

Balancing work and study

39.

According to the prompt, how many main sources of financial aid are there?

a)

Two

b)

Three

c)

Four

d)

Five

40.

Which of the following is NOT mentioned as a type of federal aid?

a)

Grants

b)

Scholarships

c)

Work-study jobs

d)

Tuition waivers

41.

What is the source of federal aid for college students?

a)

State government

b)

Private organizations

c)

U.S. Department of Education

d)

College institutions

42.

Mississippi aid is specifically available to which group of students?

a)

All U.S. students

b)

Mississippi graduates attending college in Mississippi

c)

International students

d)

Students with high academic achievements

43.

Which type of aid is described as not needing to be repaid?

a)

Federal loans

b)

Mississippi aid

c)

Work-study jobs

d)

Private loans

44.

What is the minimum amount mentioned for Mississippi grants?

a)

$100

b)

$250

c)

$500

d)

$1000

45.

Which type of aid is typically based on financial need?

a)

Federal loans

b)

Mississippi aid

c)

Institutional aid

d)

Private scholarships

46.

Who is the speaker in the prompt?

a)

A college advisor

b)

A financial aid officer

c)

Kirsten

d)

A student

47.

What is the key to maximizing available funding sources for college?

a)

Applying early

b)

Having the right knowledge

c)

Choosing a cheaper college

d)

Working part-time

48.

When do most colleges open their applications for high school seniors?

a)

June 1st

b)

August 1st

c)

September 1st

d)

October 1st

49.

What is the earliest date some schools may open their applications?

a)

May 1st

b)

June 1st

c)

July 1st

d)

August 1st

50.

Which type of colleges in Mississippi is mentioned as having a fairly easy admissions process?

a)

Private colleges

b)

Community colleges

c)

Four-year public colleges and universities

d)

Online colleges

51.

How many things are needed to complete the admissions process at in-state public universities in Mississippi?

a)

Two

b)

Three

c)

Four

d)

Five

52.

Which of the following is NOT mentioned as a requirement for the admissions process at in-state public universities?

a)

Application fee

b)

Personal essay

c)

Official high school transcripts

d)

Standardized test scores

53.

What type of admissions process is described as more competitive and typically follows a holistic approach?

a)

Open admissions process

b)

Selective admissions process

c)

Rolling admissions process

d)

Early decision process

54.

What does a holistic admissions approach mean?

a)

Only test scores are considered

b)

Only high school transcripts are considered

c)

A combination of various factors is considered

d)

Only extracurricular activities are considered

55.

Who is the speaker in the introduction of the prompt?

a)

Alex

b)

Charlie

c)

Taylor

d)

Jordan

56.

What is the main topic discussed by Charlie in the prompt?

a)

College life

b)

Differences in college courses

c)

Differences in the admissions process

d)

College sports

57.

What is the purpose of the introduction in the prompt?

a)

To explain the college curriculum

b)

To discuss college extracurricular activities

c)

To address the overwhelming nature of the college admissions process

d)

To provide a history of colleges

58.

What is the purpose of an ACT fee waiver?

a)

To help all students pay for the ACT

b)

To help lower-income students pay for the ACT

c)

To help students pay for college tuition

d)

To help students pay for textbooks

59.

How many ACT fee waivers can a student receive if they qualify for free or reduced lunch?

a)

Two

b)

Three

c)

Four

d)

Five

60.

What should a student do if they are unsure about qualifying for an ACT fee waiver?

a)

Contact the ACT organization directly

b)

Ask their high school counselor about the necessary paperwork

c)

Apply for a scholarship

d)

Pay the full fee and request a refund later

61.

What happens if a student receives an ACT fee waiver but does not test on the requested date?

a)

The waiver can be reused for another test date

b)

The waiver is considered used and cannot be reused

c)

The student must pay a penalty fee

d)

The waiver is automatically transferred to another student

62.

What other fees can fee waivers cover besides the ACT?

a)

College tuition fees

b)

College application fees

c)

Textbook fees

d)

Dormitory fees

63.

Who is eligible to receive fee waivers for college application fees?

a)

All high school students

b)

Students who receive free or reduced lunch

c)

Students with a GPA above 3.5

d)

Students who are members of a sports team

64.

Where can students obtain fee waivers for college application fees?

a)

From the college's admissions office

b)

From their high school counselor

c)

From the ACT organization

d)

From their parents

65.

What is the main benefit of obtaining a fee waiver for college applications?

a)

It guarantees admission to the college

b)

It allows students to apply to colleges without paying the application fee

c)

It provides a discount on tuition fees

d)

It offers free textbooks for the first semester

66.

What is the relationship between free or reduced lunch eligibility and fee waivers?

a)

There is no relationship

b)

Eligibility for free or reduced lunch often qualifies students for fee waivers

c)

Only students not eligible for free or reduced lunch can receive fee waivers

d)

Fee waivers are only for students who pay full lunch fees

67.

What should students do to apply for free or reduced lunch, which may qualify them for fee waivers?

a)

Fill out a form provided by their high school counselor

b)

Contact the college they wish to attend

c)

Apply directly to the ACT organization

d)

Submit a request to the Department of Education

68.

By the year 2027, what percentage of all jobs will require some form of post-secondary education?

a)

50%

b)

70%

c)

60%

d)

80%

69.

According to the prompt, how many out of every three jobs will require post-secondary education by 2027?

a)

One

b)

Two

c)

Three

d)

None

70.

What are some of the representations of college mentioned in the prompt?

a)

Big columns and classrooms

b)

Greek letters and a body shop full of technicians

c)

Both A and B

d)

None of the above

71.

Which of the following is NOT mentioned as a type of degree that college can offer?

a)

Associate's degree

b)

Bachelor's degree

c)

High school diploma

d)

Doctoral degree

72.

What foundational skills does college help develop according to the prompt?

a)

Time management and meeting deadlines

b)

Writing and presenting

c)

Planning and problem-solving

d)

All of the above

73.

Why is college considered increasingly important over the years?

a)

It is a requirement for all jobs

b)

It provides technical skills and trade knowledge

c)

It is a requirement for a majority of jobs

d)

It is only for academic purposes

74.

What is the main reason employers are looking for post-secondary education in new hires?

a)

To ensure employees have a high school diploma

b)

To ensure employees have foundational skills

c)

To ensure employees have a specific degree

d)

To ensure employees have work experience

75.

Which of the following is NOT a benefit of college mentioned in the prompt?

a)

Developing teamwork skills

b)

Learning to drive

c)

Improving problem-solving abilities

d)

Enhancing time management skills

76.

What does the prompt suggest about college and career paths?

a)

College is only for academic careers

b)

College can be for everyone, regardless of career path

c)

College is only for technical careers

d)

College is not necessary for any career path

77.

What is the overall message of the prompt regarding college education?

a)

College is only about academics

b)

College is a waste of time

c)

College provides essential skills and opportunities

d)

College is only for those pursuing a doctoral degree

78.

What is a private college?

a)

A college that is publicly funded and follows government policies.

b)

A college that is privately funded and makes its own policies and rules.

c)

A college that offers free tuition to all students.

d)

A college that only offers online courses.

79.

Which of the following is a private college in Mississippi?

a)

Jackson State University

b)

University of Southern Mississippi (USM)

c)

Mississippi College

d)

Hinds Community College

80.

What does the acronym "HBCU" stand for?

a)

Historically Black College or University

b)

Highly Beneficial College or University

c)

Historically Built College or University

d)

High Budget College or University

81.

How many HBCUs are there in the United States?

a)

50

b)

75

c)

107

d)

150

82.

Which of the following is an example of an extremely selective college?

a)

Mississippi State University

b)

Juilliard

c)

University of Mississippi

d)

Hinds Community College

83.

Which of the following is a public college in Mississippi?

a)

Tougaloo College

b)

William Carey University

c)

Jackson State University

d)

Millsaps College

84.

How many HBCUs are located in Mississippi?

a)

3

b)

4

c)

5

d)

6

85.

What is one characteristic of a selective college?

a)

It admits all applicants.

b)

It has no admission criteria.

c)

It admits only a small percentage of applicants.

d)

It offers only online courses.

86.

Which of the following is NOT a private college in Mississippi?

a)

Tougaloo College

b)

William Carey University

c)

University of Southern Mississippi (USM)

d)

Mississippi College

87.

Which of the following is a characteristic of public colleges?

a)

They are privately funded.

b)

They make their own policies and rules.

c)

They are publicly funded and follow government policies.

d)

They only offer graduate programs.

88.

What is the first step in applying to college according to the passage?

a)

Writing your personal statement

b)

Listing the schools you want to apply to

c)

Gathering recommendation letters

d)

Preparing for interviews

89.

Who is the host of the Crash Course series mentioned in the passage?

a)

John Green

b)

Hank Green

c)

Erica Brozovsky

d)

Michael Aranda

90.

What is the name of the series that helps with understanding the college application process?

a)

How to Apply

b)

College Prep 101

c)

How to College

d)

University Guide

91.

Which university is partnered with the Crash Course series mentioned in the passage?

a)

Harvard University

b)

Stanford University

c)

Arizona State University

d)

University of California

92.

According to the passage, what is a potential personal preference when choosing a college?

a)

The number of sports teams

b)

Proximity to family

c)

Availability of online courses

d)

Size of the campus

93.

What is a possible deal breaker when selecting a college, as mentioned in the passage?

a)

The college's ranking

b)

The cost of attendance

c)

The number of available majors

d)

The weather in the area

94.

What is the main goal of the episode described in the passage?

a)

To teach students how to write essays

b)

To break down the college application process into steps

c)

To provide a list of the best colleges

d)

To explain how to get scholarships

95.

What is the tone of the passage regarding the college application process?

a)

Overwhelming and stressful

b)

Simple and manageable

c)

Confusing and unclear

d)

Exciting and adventurous

96.

What is the purpose of taking a "bird’s eye view" of the college application process?

a)

To focus on the details

b)

To understand the overall process

c)

To avoid making mistakes

d)

To compare different colleges

97.

What is the format of the Crash Course series mentioned in the passage?

a)

A textbook

b)

A video series

c)

A podcast

d)

A workshop

98.

What is one of the options available after graduating from high school?

a)

Traveling the world

b)

Apprenticeships

c)

Starting a business

d)

Joining a sports team

99.

Which educational path is mentioned as a potential stepping stone to a four-year university?

a)

Online courses

b)

Community college

c)

Vocational school

d)

Military service

100.

What is suggested to do when feeling overwhelmed about future decisions?

a)

Ignore the feelings

b)

Take a deep breath and give it some thought

c)

Make a quick decision

d)

Ask friends for advice only

101.

What is one benefit of attending a community college?

a)

It is free for everyone

b)

It offers a chance to earn a degree or credential

c)

It guarantees a job after graduation

d)

It requires no exams

102.

What should you do to stay updated with new content according to the prompt?

a)

Follow on social media

b)

Hit the like, subscribe, and notification bell

c)

Check the website daily

d)

Sign up for a newsletter

103.

What is a potential outcome of attending a community college?

a)

Immediate employment in any field

b)

Discovering educational interests

c)

Guaranteed admission to a four-year university

d)

Becoming a professional athlete

104.

Which of the following is NOT mentioned as an option after high school?

a)

Associates degree

b)

Four-year university

c)

Starting a family

d)

Apprenticeships

105.

What emotion is acknowledged in the prompt regarding post-high school decisions?

a)

Excitement

b)

Confusion

c)

Overwhelm

d)

Indifference

106.

What is the tone of the message in the prompt?

a)

Formal and strict

b)

Casual and supportive

c)

Critical and judgmental

d)

Indifferent and detached

107.

What is the primary purpose of the message in the prompt?

a)

To advertise a specific college

b)

To provide guidance and support for post-high school options

c)

To discourage further education

d)

To promote a specific career path