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Paying for College Flashcards | StudBud
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Paying for College
Paying for College
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Flashcards
18 cards
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Questions
18
Answers
1
If you don't qualify for grants, what should you do next?
Look for scholarships
Skip FAFSA
Give up on college
Cry and apply for a credit card
2
Why is it important to compare financial aid packages?
So you can accept all the offers and get the most money
To see which college has the most majors
To brag about getting money
Because each college may offer different amount and types of aid
3
Where should you go if you need help filling out FAFSA?
Nowhere, it's not important
Your dentist
A friend on TikTok
Your high school counselor/success coach
4
What is financial aid?
A loan
Free College
A scholarship ONLY
Money to help pay for college
5
You can only apply to FAFSA once
True
False
6
What's one benefit of applying for FAFSA early
It counts as extra credit
You may get more aid
You skip classes.
You avoid taking the SAT
7
Which of these could be a scholarship requirement?
Volunteering
Have a specific major
All of the above
Playing Sports
8
Which form should undocumented students in CA fill out instead of FAFSA?
FAFSA 2.0
CA Dream Act Application
Cal Grant Form
None
9
What is Federal Work-Study?
A grant for top students
An unpaid internship
A part time job program for college students
a college club
10
Which loan usually has lower interest rates and better repayment options?
Personal loan from a friend
Federal student loan
Private loan
Credit card
11
Which of these types of aid must be repaid?
Loans
Grants
Work-Study
Scholarships
12
Which is true about merit- based aid?
It is a loan
It is based on GPA, talent, or skills
It depends how much money your family earns
Only athletes can receive it
13
What happens if you don't repay your student loans?
Nothing
It affects your credit and future finances
You get free college.
You automatically get debt forgiveness
14
What is typically the largest expense in college?
School supplies
Tuition
internet
Fast Food
15
What is a grant?
Free money for college
A student loan with interest
Money you must repay
A reward for good grades
16
You can ONLY apply for scholarships your senior year.
False
True
17
What should you avoid when searching for scholarships?
Deadlines
Sites that charge you money to apply
Writing essays
Local opportunities
18
What is need based aid based on?
How much help your family needs
How talanted you are
Extracurricular activities
Your GPA ONLY
