What is a work-study program?
(1 point)
Responses
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment
a type of loan designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
a type of loan designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
money given to somebody by an organization to help pay for their education
9 answers
A work-study program is:
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.
What is a student loan?
(1 point)
Responses
money that has to be repaid designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
money that has to be repaid designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
money awarded based on merit or achievement to somebody by an organization to help pay for their education
money awarded based on merit or achievement to somebody by an organization to help pay for their education
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose, usually based on need
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose, usually based on need
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.
a federally funded program in the United States that assists students with the costs of postsecondary education by finding them employment.
A student loan is:
money that has to be repaid designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses.
What is the difference between a scholarship and a grant?
(1 point)
Responses
A scholarship never has to be repaid, and a grant always does.
A scholarship never has to be repaid, and a grant always does.
A scholarship is awarded based on merit, and a grant is awarded based on financial need.
A scholarship is awarded based on merit, and a grant is awarded based on financial need.
A scholarship accrues interest payments, and a grant does not.
A scholarship accrues interest payments, and a grant does not.
A scholarship always has to be repaid, and a grant does not.
The correct response is:
A scholarship is awarded based on merit, and a grant is awarded based on financial need.
What is the Military Tuition Assistance?
(1 point)
Responses
a benefit for members of the Armed Forces that can cover up to 100% of tuition expenses
a benefit for members of the Armed Forces that can cover up to 100% of tuition expenses
a loan designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
a loan designed to help students pay for postsecondary education and the associated fees, such as tuition, books and supplies, and living expenses
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
money, i.e., financial assistance, given by a government, organization, or person for a specific purpose
money given to somebody by an organization to help pay for their education
The correct response is:
a benefit for members of the Armed Forces that can cover up to 100% of tuition expenses.
Which of the following is a main disadvantage of a student loan?
(1 point)
Responses
Your education might be interrupted.
Your education might be interrupted.
It is linked to academic merit or athletic activity that you must undertake in college.
It is linked to academic merit or athletic activity that you must undertake in college.
It requires that you maintain a certain GPA.
It requires that you maintain a certain GPA.
It needs to be paid back with interest.
The correct response is:
It needs to be paid back with interest.