Question 1

Students who work about fifteen hours a week typically get lower grades than students who do not work at all.

Accepted Answer

A) True 
 B)False

Question 2

You do NOT need to submit your parents' tax information when completing the FAFSA if you

Accepted Answer

A)  are a veteran. 
B)  have no dependents. 
C)  are at least twenty-one. 
D)  are in good academic standing. 
A)  are a veteran. 
B)  have no dependents. 
C)  are at least twenty-one. 
D)  are in good academic standing.

Question 3

Paying your credit card bill one day late does not result in a penalty.

Accepted Answer

A) True 
 B)False

Question 4

Which is an example of a need for college students?

Accepted Answer

A)  cappuccinos 
B)  textbooks 
C)  movie tickets 
D)  digital streaming subscription 
A)  cappuccinos 
B)  textbooks 
C)  movie tickets 
D)  digital streaming subscription

Question 5

Describe the financial future that you would like for yourself two, five, and ten years from now. Outline the steps that you think you will have to take to reach your financial goals.

Accepted Answer

Answers will vary but should d

Question 6

Gretchen, Paul, Faith, and Harry were all accepted at the same college, but none of them could afford to pay the full tuition on their own. The four students obtained funding through different means. Which student obtained a grant?

Accepted Answer

A)  Gretchen, whose funding came from a local bank and must be repaid over time with interest 
B)  Paul, whose funding came from his state's government and does not need to be repaid 
C)  Faith, whose education is being paid by the college because of her musical talent 
D)  Harry, who is paying for his education by working part-time at the school 
A)  Gretchen, whose funding came from a local bank and must be repaid over time with interest 
B)  Paul, whose funding came from his state's government and does not need to be repaid 
C)  Faith, whose education is being paid by the college because of her musical talent 
D)  Harry, who is paying for his education by working part-time at the school

Question 7

How are you paying for college this term? Considering what you learned about financial aid in this chapter, are you likely to do anything different when planning how to pay your tuition throughout the rest of your time in college? If so, what changes will you make and why? If you won't be making any changes, why not?

Accepted Answer

Answers will vary. Students sh

Question 8

List five tips for creating a budget.

Accepted Answer

Answers may vary but should include five

Question 9

In order to maintain your financial aid, you typically do NOT need to

Accepted Answer

A)  finish your program or degree on time. 
B)  complete your courses each term. 
C)  earn average or better grades. 
D)  participate in a community service program. 
A)  finish your program or degree on time. 
B)  complete your courses each term. 
C)  earn average or better grades. 
D)  participate in a community service program.

Students who work about fifteen hours a week typically get lower grades than students who do not work at all.

You do NOT need to submit your parents' tax information when completing the FAFSA if you

Paying your credit card bill one day late does not result in a penalty.

Which is an example of a need for college students?

Describe the financial future that you would like for yourself two, five, and ten years from now. Outline the steps that you think you will have to take to reach your financial goals.

Gretchen, Paul, Faith, and Harry were all accepted at the same college, but none of them could afford to pay the full tuition on their own. The four students obtained funding through different means. Which student obtained a grant?

List five tips for creating a budget.

In order to maintain your financial aid, you typically do NOT need to

Taking the First Step

Cultivating Motivation, Resilience, and Emotional Intelligence

Managing Your Time

Learning and Thinking in College

Getting the Most Out of Class

Reading to Learn

Taking Exams and Tests

Developing Information Literacy and Communication Skills

Considering Majors and Careers

Connecting With Others in a Diverse World

Staying Healthy

Filters

Exam 11: Managing Money

Students who work about fifteen hours a week typically get lower grades than students who do not work at all.

You do NOT need to submit your parents' tax information when completing the FAFSA if you

Paying your credit card bill one day late does not result in a penalty.

Which is an example of a need for college students?

Describe the financial future that you would like for yourself two, five, and ten years from now. Outline the steps that you think you will have to take to reach your financial goals.

Gretchen, Paul, Faith, and Harry were all accepted at the same college, but none of them could afford to pay the full tuition on their own. The four students obtained funding through different means. Which student obtained a grant?

List five tips for creating a budget.

In order to maintain your financial aid, you typically do NOT need to

Taking the First Step

Cultivating Motivation, Resilience, and Emotional Intelligence

Managing Your Time

Learning and Thinking in College

Getting the Most Out of Class

Reading to Learn

Taking Exams and Tests

Developing Information Literacy and Communication Skills

Considering Majors and Careers

Connecting With Others in a Diverse World

Staying Healthy

Filters