Everfi Module 5 - Higher Education Flashcards
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| 4630674133 | The return of investment (ROI) from education is typically the highest for: | Someone with a four-year bachelor degree | 0 | |
| 4630674134 | Your sister is starting ninth-grade next year and is thinking about going to college. What steps would you first recommend she takes? | Looking for school clubs and organizations she's interested in | 1 | |
| 4630674135 | Which of the following loans will typically offer the lowest interest rate? | Payday Loan and Federal Student Loan | 2 | |
| 4630674136 | When referring to student loans, what is a grace period? | The period after graduating or leaving school before you must begin paying back student loans | 3 | |
| 4630674137 | Which loan type requires you to make loan payments while you're attending school? | Neither A nor B | 4 | |
| 4630674138 | Which of the following statements about federal state loans is true | The interest rate on your loan will be fixed overtime | 5 | |
| 4630674139 | Using the FASFA form you can apply for: | Federal student loans; the federal work study program | 6 | |
| 4630674140 | The federal application for student aid form: | Can be submitted online or by mail | 7 | |
| 4630674141 | After you send in your FASFA form what will you recieve back? | A copy of your completed FAFSA form | 8 | |
| 4630674142 | You were looking for ways to pay for your higher education cost, which of the following options will require you to pay back any money receive? | Federal student loans | 9 |