Exam 15: Money

Need-based scholarships are awarded on the basis of

Which of these is an example of an expense?

From your personal perspective, describe the advantages and disadvantages of working while going to school.

When attending college, you should use credit cards to build credit and to

Co-op opportunities are very common in the field of engineering.

Calvin was awarded a small scholarship to attend a state school, and his parents were paying the balance of his tuition. A few weeks ago, Calvin's father was killed in an automobile accident, and his mother cannot afford to continue paying his tuition. The next tuition bill will arrive in a few months. What is the first thing Calvin should do?

To qualify for a grant, you must meet certain academic qualifications, be admitted to a qualifying college, and maintain a certain grade point average.

Identify three ways in which your college's financial aid office can help you obtain money to pay for school.

Students who work fifteen to twenty hours per week typically get lower grades than students who do not work at all.

Which statement about debit cards is correct?

Explain the difference between a fixed expense and a variable expense.

If you stay focused and flexible, your budget will

Identify and describe the different types of financial aid.

Which of these is an example of income?

When you budget, you should prioritize your wants.

With an unsubsidized federal student loan, the federal government pays the interest on your behalf while you are enrolled in school.

Frida is considering using a scholarship search service to help her locate and apply for merit scholarships. What is the most important thing she should do before she enters any of her personal information on the service's website?

Paying the minimum payment each month is a good strategy to pay off your credit card debt.

Which does FAFSA stand for?

Which of these is an example of a fixed expense?