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College 101
College 101
36 terms
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Flashcards
36 cards
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Questions
36
Answers
1
Being on financial aid at school is rare.
True
False
2
Undergrad tuition and fees per year at Harvard costs about
$35,000
$70,000
$23,000
$100,000
3
How many eyes does Mike’s teddy bear have?
8
4
2
1
4
You are only eligible for Financial Aid your FRESHMEN year
True
False
5
FAFSA Opens on January 1 each year
False
True
6
As a star athlete, I know I will get an athletic Scholarship.
True
False
7
Which is the correct website for FAFSA?
www.fafsa.ed.gov
www.fafsa.com
www.finaid.com/fafsa
There is no website
8
Interest is charged on this loan and is around 5% and must be repaid.
Work-Study
Federal Perkins Loan
Pell Grant
Mr. Perkins Loan
9
This grant is available to undergraduates only and does not have to be repaid.
MAP Grant
Federal Pell Grant
Grant from Granny
IL Grant
10
The cost of college textbooks has risen by what percentage in the last 30 years?
400%
700%
812%
100%
11
The term for a measurement of how your academic achievement compares with other students.
Transcript
Class Rank
GPA
Semester Grades
12
Only students with the best grades qualify for financial aid.
False
True
13
Money is earned while attending school; does not have to be repaid.
Job Program
Fed Work Study
Work Program
14
College prices increase each year by what percentage?
12%
8%
10%
5%
15
FAFSA Stands for
Fast Application For Student Assistance
Federal Application for Free Student Assistance
Free Application for Federal Student Aid
Nothing
16
Tests that measure the academic skills needed for college-level work.
Placement Tests
Assessments
Math Tests
English Tests
17
The official record of your course work at a school or college.
Transricpt
Report Card
Official Record
Teacherease
18
Which school is the ‘crowning jewel’ of Monsters University?
Headquarters
The Library
Scare School
The Dormitories
19
Debt is bad. I can't take out $ in student loans and not get into huge financial trouble.
True
False
20
Average Cost of Public College per year: (tuition only)
$44,000
$50,000
$22,261
$28,000
21
The SAT was administered for the first time to high school students in
1985
1965
1926
2000
22
Who needs college? I can wait tables and make good money. College is too expensive
True- The sooner you get started the more money you will make.
False- You can earn 2x more over a lifetime with degree
True- Earn more now!
False- Look at All Options! Trade School has high demand & good money too!
23
This type of Financial Aid is a Loan and Interest begins immediately.
Unsubsidized Direct Stafford Loan
Subsidized Direct Stafford Loan
Perkins Loan
Federal Work Study
24
This mascot represents
University of West Virginia
University of Wisconsin
University of Wyoming
University of Washington
25
What is the standardized college admissions test that has English, Math, Reading,Science?
ACT
SAT
MCAT
GRE
26
Individuals with a bachelor's degree earn an average of __ more than people w/ HS diploma
60%
20%
40%
80%
27
What does the degree B.S. stand for?
Bachelor's of Science
Bull Stuff
Bachelor of Studies
Stands for Nothing
28
Financial Aid is FREE money
True
False
29
What does the degree title M.S. stand for?
Many Studies
Master's of Science
Master's of Studies
Stands for Nothing
30
How much money does a college degree add to the average annual salary?
$15,000
$10,000
$20,000
$5,000
31
The amount of money a family can contribute according to FAFSA
EFT
EFC
DRN
Money
32
Interest does not start until 6 months after graduation with this loan type.
Stafford Loan
Loan
Unsubsidized Loan
Subsidized Loan
33
What does the degree Ph.D stand for?
Nothing
Doctor of Philosophy
Piled Higher and Deeper
Doctor of Pharmacy
34
What date does FAFSA become available each year?
April 15
January 1
February 14
January 15
35
This mascot represents
Michigan State
Maryland State
University of Missouri
University of Mississippi
36
If you fail to meet with your financial adviser you will not have to repay
False
True