Search Header Logo
Copy of Student Loans

Copy of Student Loans

Assessment

Presentation

Financial Education

9th - 12th Grade

Practice Problem

Hard

Created by

Steven Howard

FREE Resource

15 Slides • 12 Questions

1

media

2

Multiple Choice

What are the key factors to consider when applying for student loans?

1

Interest rates

2

Loan repayment terms

3

Credit score

4

All of the above

3

media

4

Multiple Choice

How much student loan debt is "okay"?

1

Less than 50% of first year salary

2

Equal to first year salary

3

More than first year salary

4

No limit

5

media

6

media

7

Multiple Choice

What are the sources from which you can receive grants?

1

Colleges

2

Employers

3

Businesses

4

Banks

8

media

9

media

10

media

11

media

12

Multiple Choice

What are the typical characteristics of private loans?

1

They have the lowest interest rates

2

They are usually applied for at a bank

3

They are the only option for student loans

4

They require no repayment

13

media

14

Multiple Choice

What is the purpose of the Work Study program?

1

To provide full-time jobs for students

2

To help students pay for tuition

3

To offer scholarships

4

To fund extracurricular activities

15

media

16

Multiple Choice

What is the purpose of the FAFSA?

1

To apply for scholarships

2

To apply for federal student aid

3

To apply for state grants

4

To apply for college admission

17

media

18

Multiple Choice

What are the best ways to pay for college according to the image?

1

Apply for FAFSA

2

Apply for a job

3

Grants & Scholarships

4

Work Study

19

media

20

Multiple Choice

What is the process of combining multiple small loans into one called?

1

Loan merging

2

Loan consolidation

3

Loan aggregation

4

Loan combination

21

media

22

Multiple Choice

What does setting your loans to automatic draft payments mean?

1

The payment will be made manually each month

2

The minimum payment will automatically withdraw from your account

3

You cannot make more than the minimum payment

4

Payments will be delayed

23

media

24

Multiple Choice

What are the three loan repayment options mentioned in the image?

1

Standard Repayment

2

Extended Repayment

3

Income Based

4

Deferred Repayment

25

media

26

Multiple Choice

What factors make loans the cheapest according to the text?

1

Interest rate

2

Loan term

3

Loan amount

4

Credit score

27

Fill in the Blanks

Type answer...

media

Show answer

Auto Play

Slide 1 / 27

SLIDE