College Financing Quiz
12 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the correct formula to calculate net price?

  • Sticker price + grants and scholarships
  • Sticker price - student loans
  • Grants and scholarships + student loans
  • Sticker price - grants and scholarships (correct)
  • Which type of federal student loans does the government make interest payments on while you're enrolled in school at least half-time?

  • Grants
  • Work-Study
  • Subsidized federal loans (correct)
  • Unsubsidized federal loans
  • Which of the following is considered a direct cost of attendance?

  • Entertainment
  • Travel expenses
  • Cell phone bill
  • Tuition (correct)
  • Which method of paying for college is MOST likely to be based on financial need?

    <p>Grants</p> Signup and view all the answers

    How much does it cost to file the FAFSA?

    <p>It is free</p> Signup and view all the answers

    If you attend college for 2 years, what degree will you receive?

    <p>Associate’s</p> Signup and view all the answers

    Which term refers to the money you borrow from the federal government or a private lender to help pay for college costs?

    <p>Loans</p> Signup and view all the answers

    What is the term for free money based on financial need that you do not have to repay?

    <p>Grants</p> Signup and view all the answers

    Which term represents attributes and personality traits that help employees interact with others and succeed in the workplace?

    <p>Soft Skills</p> Signup and view all the answers

    What is the maximum amount of money a college costs to attend for one year called?

    <p>Sticker Price</p> Signup and view all the answers

    Which term refers to learnable skills that enable individuals to perform job-specific tasks?

    <p>Hard Skills</p> Signup and view all the answers

    What is the term for educational costs not paid directly to the college?

    <p>Indirect Expenses</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser