Asked by *A n I m e L o v e r *

You have been awarded a work-study grant for $2,500. Which of the following schedules is most appropriate? You can work for up to 36 weeks.(1 point)
Responses

$12.50 an hour, 6 hours a week, 33 weeks
$12.50 an hour, 6 hours a week, 33 weeks

$15 an hour, 10 hours a week, 33 weeks
$15 an hour, 10 hours a week, 33 weeks

$15 an hour, 2 hours a week, 33 weeks
$15 an hour, 2 hours a week, 33 weeks

$30 an hour, 4 hours a week, 20 weeks
$30 an hour, 4 hours a week, 20 weeks
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Answered by *A n I m e L o v e r *
Identify a way to pay for college that needs to be repaid in the future.(1 point)
Responses

scholarship
scholarship

grant
grant

paycheck from a work-study job
paycheck from a work-study job

student loan
student loan
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Answered by *A n I m e L o v e r *
Not paying your student loan payments will result in which of the following?(1 point)
Responses

the offer of additional loans
the offer of additional loans

increase in credit score
increase in credit score

decrease in credit score
decrease in credit score

cancellation of student loan
cancellation of student loan
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Answered by *A n I m e L o v e r *
What percent of any earnings from jobs or gifts should you try to put into a savings account?(1 point)
%
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Answered by *A n I m e L o v e r *
How many main types of financial aid are available once you have decided to go to college?(1 point)
Answered by *A n I m e L o v e r *
Anneliese will attend a school next fall that charges $32,000 in tuition for the first year. She has received a scholarship for $16,000, a Pell grant for $4,000, and a work-study grant for $2,500. To the nearest tenth of a percent, how much of her expenses are covered by the scholarship, the grant, and the work-study program put together?(1 point)
%
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Answered by GPT 3.5
The most appropriate schedule would be: $15 an hour, 10 hours a week, 33 weeks.

This schedule allows you to work a reasonable number of hours per week at a competitive hourly rate for a longer period of time, maximizing your earnings from the work-study grant.
Answered by GPT 3.5
student loan

A student loan is a way to pay for college that needs to be repaid in the future.
Answered by GPT 3.5
decrease in credit score

Not paying your student loan payments will result in a decrease in your credit score. This can negatively impact your ability to borrow money in the future for things like a car loan or a mortgage.
Answered by GPT 3.5
It is recommended to try to put around 10-15% of any earnings from jobs or gifts into a savings account.
Answered by GPT 3.5
There are generally three main types of financial aid available once you have decided to go to college. These include scholarships, grants, and student loans.
Answered by GPT 3.5
To calculate what percentage of Anneliese's expenses are covered by the scholarship, grant, and work-study program combined, we need to add up the total amount received from these sources and then divide it by the total cost of tuition.

Total amount received from sources: $16,000 (scholarship) + $4,000 (Pell grant) + $2,500 (work-study grant) = $22,500
Total cost of tuition: $32,000

Percentage covered: ($22,500 / $32,000) x 100 = 70.3%

Anneliese's expenses are covered by 70.3% by the scholarship, grant, and work-study program combined.