Exam 11: Managing Money

You should alert the registrar of any changes in address, even after you have finished your degree or program.

Which is the BEST example of a variable expense?

If you participate in a work-study program, it means that you

Which strategy will NOT help students cut their costs?

What is the FAFSA?

While Gabriel was growing up, his uncle had always told him that if Gabriel got into college, his uncle would pay his tuition. Gabriel was accepted at a state college and plans to major in Chemistry. Unfortunately, his uncle came down with a serious illness last year, and the expensive health bills left him unable to fulfill his promise. Now Gabriel needs to take out a student loan but isn't sure where to go or how to do it. Which resource on campus would be the BEST place for Gabriel to find information about student loans?

Capital State University agreed to pay for Irene to attend their school and play lacrosse for their team. As part of their arrangement, Irene is not required to pay the school back. Which form of financial aid did Irene receive?

Porter just started college and is living in an on-campus dorm. It is the first time he's lived away from home, and he wants to make sure that he manages his money effectively so he can cover all his expenses. He learned in his College Success class that when creating a budget, it's a good idea to track your spending so that you know where your money is going. If Porter wants to get an accurate picture of his expenses, he should track his spending for at least

Brenda has decided to work part-time (about fifteen hours per week) at a hospital while attending a medical coding program at her local college. While working and attending school, Brenda is LEAST likely to

Which organization offers private student loans?

When applying for scholarships and grants, the amount of financial aid that you receive will depend on the cost of your academic program and what you or your family can pay as determined by the FAFSA.

Merit scholarships are awarded based on

Which type of financial aid allows you to alternate a term of study with a term of paid work?

What will happen if you make only the minimum payment on your credit card bill each month?

Research indicates that many employers run credit checks on potential new hires.

A variable expense is

A student loan disbursement is an example of a(n)

A budget is necessary only for those with a substantial income.

How many credit hours per term should students be enrolled in if they are receiving full-time financial aid?

Which is the BEST example of a fixed expense?