Finanacing Higher Education Everfi Module 6

25 July 2022
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question
all of the following are true about why it is important to complete the free application for federal student aid (FAFSA) process EXCEPT :
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it allows you to be eligible for early admission
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what has the biggest impact on whether a 4 year university is affordable?
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the amount of financial aid that the university offers
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a 529 plan can help you save more money than a traditional savings account because...
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it is a tax free
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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?
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a local community college
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earning a degree can be expensive but which example shows why it might be worth it?
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individuals with a bachelor's degree typically earn a higher annual salary than those without one
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earning a degree can be expensive but which example shows why it might be worth it?
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you are more likely to earn more money over your lifetime than if you did not have a degree
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it does not make sense to avoid post secondary education because of its cost since in the long run:
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the salary you will earn with a degree will pay back the cost of college over your career
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what type of federal funding is free money, but is based on financial need only?
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federal grants
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living on campus while earning your degree can help you save money on...
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transportation
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textbooks, transportation, and room and board are all...
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additional costs for attending a college or university
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all of the following are true about the free application for federal student aid (FAFSA) EXCEPT:
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the form is only available online
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which of the following is true about the free application for federal student aid (FAFSA)?
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all of the above
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federally-funded grants require the student to...
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have financial need only
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living at home could save you money while enrolled in post secondary school or training because...
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it reduces costs of room and board
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living at home while enrolled in post secondary school or training can save money on...
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room and board but it raises costs for transportation
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everyone interested in post secondary education should complete the free application for federal student aid (FAFSA) because...
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it allows you to be eligible for federal student aid and other scholarships and grants
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making the choice to spend money on post secondary education pays off in the long run because:
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the salary you will earn with a degree will pay back the cost of college over your career
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the fact that you are more likely to earn more money over your lifetime with a post secondary degree means...
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the cost of a post secondary degree is worth it
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which of the following is NOT true about the free application for federal student aid (FAFSA)?
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the earliest you can submit your FAFSA is january 1st of each year
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preparing to pay for higher education can start in 9th grade or earlier by...
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opening a 529 plan
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which of the following is NOT a reason to complete the free application for federal student aid (FAFSA)?
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it allows you to be eligible for early admission
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dimitri's counselor told him that post secondary education can be expensive but can pay off in the long run, what does that mean?
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the salary you will earn with a degree will pay back the cost of college over your career
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what can affect whether a public or private university is affordable?
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the amount of financial aid that they offer
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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?
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he can attend the local community college whose courses transfer to the public four-year college
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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?
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both b and c are correct
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what are the benefits of attending a local community college?
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all of the above
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which of these additional costs will most likely be the most expensive?
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room and board
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which of the following answers lists 4 year colleges from generally the least expensive to most expensive?
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in-state public university, out-of-state public university, private university