Question

You’ll only need to complete the FAFSA once during your college education.
False
True
Allows students to learn basic professional skills in two years or less; typically cut out many of the general courses required by traditional universities
Self-education
Trade school
A two-year government-supported college that offers an associate’s degree
Community college
Trade school
Which of the following statements is false?
A student loan is an award.
Debt is owing anything to anyone for any reason.
Our culture accepts student loan debt as normal and sometimes even refers to it as good debt.
Millions of people can’t afford to make their student loan payment every month.
Which of the following statements about college financial aid is false?
Scholarships are only for the highest academic achievers.
The Free Application for Federal Student Aid (FAFSA) is the first step to receiving any kind of financial aid.
Grants are free money.
Many businesses have scholarships for employeesʹ children.
The best quality colleges are always the most expensive.
False
True
The average repayment period for a student loan is:
20 years
5 years
10 years
15 years
The Fourth Foundation is:
Build a $500 emergency fund
Build wealth and give
Pay cash for college
Pay cash for your car
Which of the following statements is false?
On-campus jobs may pay you directly or pay toward your tuition bill.
Research shows that working more than 20 hours a week may affect your grades negatively.
Research shows that students who work up to 20 hours a week have the highest grade point averages.
Students rarely drop out of college due to financial trouble.

Answer 1

1. False

2. Trade school

3. Community college

4. "A student loan is an award." (This statement is false.)

5. "Scholarships are only for the highest academic achievers." (This statement is false.)

6. False

7. 10 years

8. Pay cash for college

9. "Students rarely drop out of college due to financial trouble." (This statement is false.)