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Chapter 2

Ch

QuestionAnswer
During a period of financial hardship, you can apply for this to pause student loan payments while interest still accrues. Forbearance
The federal government makes interest payments on _____ while you're enrolled in school at least half time, so for the first six months after you leave school, and during a any period of deferment. Subsidized federal loans
Family earns 60K per years. She has been accepted to College A and Collage B and is comparing their financial aid packages. College A has a sticker price of 28K net price of 12K. College B has a sticker price of 60K and net price of 9K. Which is false It will cost less to attend College A
You school counselor is a great resource for all of the following EXCEPT... Negotiating lower interest rates with your lender
Keith Tuition and additional things for freshman year total 26K including scholarship, grants, and federal student loans. His financial aid package is 25.5K which option below is both realistic and the most financially responsible. Keith should pick up a part time jobs to cover remaining costs and personal expenses
Which of the following is a benefit of an income-driven repayment plan? Theoretically, your payment should never be more than you can afford
Which of the following is True about the value of a college degree A college graduate can expect to earn, on average, more than a high school graduate over a career.
Who receives and uses the information submitted in your FAFSA The schools you've applied to and your state government determine your eligibility for financial aid
who is eligible to receive direct subsidized loans Undergraduate students
How much does it cost to file the FAFSA free
Which of the following is the default federal student loan repayment plan college graduate are entered into require the same minimum payment for the life of the loan, an ensures borrowers will pay the loans in full in ten year Standard repayment plan
You will find each of the following pieces of information in your FAFSA Submission Summary except... A record of all scholarship you have applied for
Which of these options lists the types of financial aid from most attractive to Least attractive. grants, scholarships, student loans
Which of the following is consider direct costs of attendance? tuition
Although it's not a type of financial aid, how can transferring credits from community college helps sabe you money on college costs. It reduce amount of credit you'll have to pay for a four-year college
During a period of financial hardship, you can apply for this to pause student loan payments while interest still accrues. Forbearance
The federal government makes interest payments on _____ while you're enrolled in school at least half time, so for the first six months after you leave school, and during a any period of deferment. Subsidized federal loans
Family earns 60K per years. She has been accepted to College A and Collage B and is comparing their financial aid packages. College A has a sticker price of 28K net price of 12K. College B has a sticker price of 60K and net price of 9K. Which is false It will cost less to attend College A
You school counselor is a great resource for all of the following EXCEPT... Negotiating lower interest rates with your lender
Keith Tuition and additional things for freshman year total 26K including scholarship, grants, and federal student loans. His financial aid package is 25.5K which option below is both realistic and the most financially responsible. Keith should pick up a part time jobs to cover remaining costs and personal expenses
Which of the following is a benefit of an income-driven repayment plan? Theoretically, your payment should never be more than you can afford
Which of the following is True about the value of a college degree A college graduate can expect to earn, on average, more than a high school graduate over a career.
Who receives and uses the information submitted in your FAFSA The schools you've applied to and your state government determine your eligibility for financial aid
who is eligible to receive direct subsidized loans Undergraduate students
How much does it cost to file the FAFSA free
Which of the following is the default federal student loan repayment plan college graduate are entered into require the same minimum payment for the life of the loan, an ensures borrowers will pay the loans in full in ten year Standard repayment plan
You will find each of the following pieces of information in your FAFSA Submission Summary except... A record of all scholarship you have applied for
Which of these options lists the types of financial aid from most attractive to Least attractive. grants, scholarships, student loans
Which of the following is consider direct costs of attendance? tuition
Although it's not a type of financial aid, how can transferring credits from community college helps sabe you money on college costs. It reduce amount of credit you'll have to pay for a four-year college
Typically, when should you first file the FAFSA October or November of your last year of high school
As you make decision during college, you should focus on... Balancing your academic, social, and financial decision to make the most out of the entire experience while setting yourself up for success post-college
In order to qualify for financial aid, which application must you submit VASA
What types of money are used in paying for college and in what order should you use them free money, your money, borrowed money
Which payment option doe snot accrue interest while you required payment are paused Deferment
Each of the following organizations offer grants to college students excepts.. FAFSA
How much do you actually pay for college Sticker price- grants and scholarships= net price
Which of the following is a good strategy to use when it comes to paying for college save your earning from your summer job so that you can reduce the amounts of loans you need to pay back
Which of the following ways to pay for college is most likely to be based on someone's financial need Grants
which of the following is true about student aid index (SIA) The lower your SAI the more financial aid you eligible for
Created by: user-1936629
 

 



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