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Diplomas to Degrees Flashcards | StudBud
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Diplomas to Degrees
Diplomas to Degrees
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Flashcards
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Questions
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Answers
1
Why should you consider grants before a loan?
Understanding FAFSA
Grants have less interest vs a loan
No real reason
Grants do not have to be paid back vs a loan.
2
Financial Aid comes in the form of grants, loans and work study programs.
True
False
3
Why do you have to sign a promissory note when you take out a loan?
To confirm the interest
To ensure you recieve the loan
A binding a contract
Its an agreement stating you will pay back the loan
4
Grants & Scholarships Dont have to be paid back?
True
False
5
What does a college readiness squad help you to do.
Spilling the tea
Have a good group of friends
Prep
Think through your options
6
It is important to have a college readiness squad?
False
True
7
What does FAFSA stand for?
Free Application Under Federal Student Loan Act
Fee Application for Federal Student Loan
Free Application for Federal Student Loan
Free Application for Students
8
How can you maximize your opportunites to find free money?
Constant research and submitting applications
Meeting with counselors
By attending college tours
Waiting for the money to come to you
9
The best way to decide which college to go to is to just PICK ONE.
True
False
10
Interest is the money a lender charges to let you use their money
True
False
