Questions and Answers
Which of the following options does NOT need to be repaid?
Which type of financial aid is typically need-based?
Which type of student loan usually has lower interest rates and more flexible repayment plans?
What is the significance of FAFSA?
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Which source can scholarships be obtained from?
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Which of the following is a tax-advantaged savings plan designed to encourage saving for future education expenses?
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Which form must students complete to determine their eligibility for federal financial aid programs?
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What type of financial aid requires repayment with interest after graduation?
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Which funding option allows students to earn money to help cover their educational expenses?
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Why is it important to fill out the FAFSA form?
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True or false: Work-study programs offer part-time employment opportunities to students, allowing them to earn money to help cover their educational expenses.
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True or false: 529 plans are sponsored by states, state agencies, or educational institutions and allow contributions made to the plan to grow tax-free.
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True or false: Filling out the FAFSA form opens up various financial aid opportunities and maximizes the chances of receiving assistance.
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Match the following financial aid options with their descriptions:
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Match the following terms with their importance in the financial aid process:
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Match the following types of financial aid with their characteristics:
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