EPF: Careers, College and Income, Taxes
Authored by Mark Carson
Social Studies
11th Grade
EPF covered
Used 2+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
When does the FAFSA filing period open every year?
January 1st
June 1st
October 1st
December 1st
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Why should you file the FAFSA as early as possible?
It can help your chances of being accepted into schools
Aid is given out on a first-come, first-serve basis
You're guaranteed to get more merit-based scholarships
You'll get a lower interest rate on federal student loans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When filing the FAFSA, you are eligible for all of the following EXCEPT:
Grants and Scholarships
Private Student Loans
Work-Study
Federal Student Loans
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How do scholarships and grants differ?
Scholarships are need-based; grants are merit-based
Grants are private forms of aid; scholarships are federal
Grants are need-based; scholarships are merit-based
They're not different; they are one and the same
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is TRUE about the FAFSA?
You only need to file the FAFSA 1x in your college career
Your parents must earn below a set amount for you to apply
You need to file it at the start of every quarter/semester
There is no cost to file the FAFSA
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is TRUE about the Student Aid Index (SAI)?
It's the cost of filing the FAFSA
It's how much you & your family are expected to pay for college
It's another term for "net price"
It's how much your parents must contribute towards college
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the correct flow of submitting/receiving these documents?
FAFSA Submission Summary > FAFSA > Financial Aid Package
Financial Aid Package > FAFSA Submission Summary > FAFSA
FAFSA > Financial Aid Package > FAFSA Submission Summary
FAFSA > FAFSA Submission Summary > Financial Aid Package
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