Financial Literacy - Part II

Rent estimates are rarely accurate to the true cost of renting an apartment/house.

Which of the following can help student pay of the cost of college tuition?

Fixed-Rate Mortgages are usually issued for either 5 or 10 years.

What are the two primary types of student loans?

To qualify of federal financial aid, you must...

What type of insurance protects your property/living expenses if the rental property is damaged?

To continue to receive financial aid once accepted to college, you must fill out the FAFSA every year.

Between grants and scholarships, which one accounts for academic performance?

 Which of the following is used to determine an individual’s eligibility for federal financial aid?

Which of the following are examples of utilities?

Unsubsidized loans are only available to undergraduate students.

What are the two main types of work-study programs available to college students?

What type of mortgage includes interest rates that do not change over time?

Unlike loans, scholarships and grants do not have to be paid back.

When applying for a mortgage, you must provide proof of employment and income.

What type of auto insurance is required by law in Florida?

How long after graduation do you have to start paying back student loans?

Federal work-study allow students to take off-campus jobs.

What name is given to money paid upfront that goes toward any damage you may cause to a rental?