Finanacing Higher Education Everfi
Module 6
all of the following are true about why it is important to complete the free application for federal
student aid (FAFSA) process EXCEPT : - ANS - it allows you to be eligibl
...
Finanacing Higher Education Everfi
Module 6
all of the following are true about why it is important to complete the free application for federal
student aid (FAFSA) process EXCEPT : - ANS - it allows you to be eligible for early admission
what has the biggest impact on whether a 4 year university is affordable? - ANS - the amount of
financial aid that the university offers
a 529 plan can help you save more money than a traditional savings account because... - ANS - it
is a tax free
cutting down costs by earning an associate's degree first and then transferring to a four year
college or university can be done by going to what type of higher education institution? - ANS -
a local community college
earning a degree can be expensive but which example shows why it might be worth it? - ANS -
individuals with a bachelor's degree typically earn a higher annual salary than those without one
earning a degree can be expensive but which example shows why it might be worth it? - ANS -
you are more likely to earn more money over your lifetime than if you did not have a degree
it does not make sense to avoid post secondary education because of its cost since in the long
run: - ANS - the salary you will earn with a degree will pay back the cost of college over your
career
what type of federal funding is free money, but is based on financial need only? - ANS - federal
grants
living on campus while earning your degree can help you save money on... - ANS -
transportation
textbooks, transportation, and room and board are all... - ANS - additional costs for attending a
college or university
all of the following are true about the free application for federal student aid (FAFSA) EXCEPT:
- ANS - the form is only available online
which of the following is true about the free application for federal student aid (FAFSA)? - ANS
- all of the above
federally-funded grants require the student to... - ANS - have financial need only
living at home could save you money while enrolled in post secondary school or training
because... - ANS - it reduces costs of room and board
living at home while enrolled in post secondary school or training can save money on... - ANS -
room and board but it raises costs for transportation
everyone interested in post secondary education should complete the free application for federal
student aid (FAFSA) because... - ANS - it allows you to be eligible for federal student aid and
other scholarships and grants
making the choice to spend money on post secondary education pays off in the long run because:
- ANS - the salary you will earn with a degree will pay back the cost of college over your career
the fact that you are more likely to earn more money over your lifetime with a post secondary
degree means... - ANS - the cost of a post secondary degree is worth it
which of the following is NOT true about the free application for federal student aid (FAFSA)? -
ANS - the earliest you can submit your FAFSA is january 1st of each year
preparing to pay for higher education can start in 9th grade or earlier by... - ANS - opening a 529
plan
which of the following is NOT a reason to complete the free application for federal student aid
(FAFSA)? - ANS - it allows you to be eligible for early admission
dimitri's counselor told him that post secondary education can be expensive but can pay off in
the long run, what does that mean? - ANS - the salary you will earn with a degree will pay back
the cost of college over your career
what can affect whether a public or private university is affordable? - ANS - the amount of
financial aid that they offer
andrew doesn't want to spend a lot of money on student loans, and does not qualify for grants.
what is his best option for affording a bachelor's degree? - ANS - he can attend the local
community college whose courses transfer to the public four-year college
maria is a high school senior. she wants to go to the local community college and become a
nurse. her grades are average, but she comes from a low-income family. what could she do to in
order to afford the next step in her dream to become a nurse? - ANS - both b and c are correct
what are the benefits of attending a local community college? - ANS - all of the above
which of these additional costs will most likely be the most expensive? - ANS - room and board
which of the following answers lists 4 year colleges from generally the least expensive to most
expensive? - ANS - in-state public university, out-of-state public university, private university
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