How does FAFSA help students beyond need-based aid?

FAFSA unlocks other opportunities like merit scholarships

What is a key difference between a 529 and an ESA college fund?

529 funds have no annual limit and can be used at any age.

What is different about FAFSA this year?

The FAFSA opens later than usual.

What does the Student Aid Index's range of -1500 to 999999 represent?

It represents the level of financial aid needed.

What is the difference between direct and indirect costs of college?

Direct costs are charged by the school, indirect costs are outside expenses

Which of the following is TRUE about work resumes?

Summary statements do not matter as much as they used to.

Why should students consider career paths before applying to college?

It allows them to choose relevant majors and courses.

Why are soft skills just as important as hard skills?

They are useful in multiple career paths.

What is the Federal Work Study program?

Working in exchange for tuition waivers

Why should you apply to FAFSA on or close to December 1?

A lot of scholarships/grants are first-come, first-served.

What is the net price of college?

It is the cost after all financial aid has been applied

How do state governments help make public colleges more affordable for in-state students?

They subsidize tuition with taxpayer money.

How should you answer common behavioral interview questions?

By using the STAR method to effectively answer all parts of the question

How does a cover letter complement a resume?

It shows how your qualifications match the job.

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Unit 2 - College and Career

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Questions 20

Answers

1
How does FAFSA help students beyond need-based aid?
FAFSA unlocks other opportunities like merit scholarships
FAFSA is required for many college admissions
FAFSA offers low-interest loans for students
FAFSA guarantees scholarships for students with at least a 3.0 GPA
2
What is a key difference between a 529 and an ESA college fund?
There is no difference between a 529 and ESA.
529 funds have a limit of $2,000 per year.
529 funds have no annual limit and can be used at any age.
529 funds have to be used before age 30.
3
What is different about FAFSA this year?
The FAFSA will include more questions this year.
FAFSA will only let you input one parent's income.
FAFSA has not changed.
The FAFSA opens later than usual.
4
What does the Student Aid Index's range of -1500 to 999999 represent?
It represents the level of financial aid needed.
It represents your household income.
It represents the amount of scholarship money you will be given.
It represents your family's tax bracket.
5
What are some benefits of earning a college degree?
Access to more career fields
Better job opportunities
All of the above
Increased lifetime earning potential
6
What is the difference between direct and indirect costs of college?
Direct costs are charged by the school, indirect costs are outside expenses
Direct costs are optional, indirect costs are mandatory
Direct costs are tuition only, indirect costs include everything else
There is no difference.
7
Which of the following is a HARD SKILL?
Communication
Languages
Accountability
Teamwork
8
Which of the following is TRUE about work resumes?
All resumes should include an attached cover letter.
Summary statements do not matter as much as they used to.
All resumes should include a summary statement about the applicant.
Resumes should NEVER be more than 1 page long.
9
Why should students consider career paths before applying to college?
It increases scholarship eligibility.
It allows them to choose relevant majors and courses.
It reduces the need for financial aid.
It guarantees they will enjoy their chosen major.
10
Why are soft skills just as important as hard skills?
They make resumes unnecessary.
They are only valued in entry-level jobs.
They can replace technical skills.
They are useful in multiple career paths.
11
Which is better for students: subsidized or unsubsidized federal loans?
Subsidized
Unsubsidized
12
What type of financial aid is the MOST desirable for students?
Private Loans
Federal Loans
Scholarships and Grants
Work Study programs
13
What is the Federal Work Study program?
Working to cover dorm expenses
Working in exchange for tuition waivers
Working internationally for one year
Working instead of going to college
14
Why should you apply to FAFSA on or close to December 1?
FAFSA will guarantee aid to the first 1,000 applicants.
The FAFSA deadline is December 15.
A lot of scholarships/grants are first-come, first-served.
It does not matter when you apply to FAFSA.
15
Which is a DIRECT COST of college?
Dorm Furnishings
Textbooks
Transportation
Tuition
16
What is the net price of college?
It only includes tuition and fees
It stays the same every year
It is the same as the sticker price
It is the cost after all financial aid has been applied
17
How do state governments help make public colleges more affordable for in-state students?
They subsidize tuition with taxpayer money.
They require public colleges to cut tuition and fee costs.
They fund private scholarships.
They reduce the cost of on-campus housing.
18
How should you answer common behavioral interview questions?
Asking the interviewer an unrelated question
By answering briefly and confidently
By stating your strengths and weaknesses
By using the STAR method to effectively answer all parts of the question
19
Why might someone consolidate their student loans?
To make fewer payments
To make lump-sum payments
To reduce the interest amount
To simplify loan repayment
20
How does a cover letter complement a resume?
It repeats your work history and experience.
Cover letters list technical skills only.
It shows how your qualifications match the job.
Cover letters are only used for internships.

Unit 2 - College and Career Flashcards | StudBud