EverFi financing higher education
module 6 questions and answers
already passed
all of the following are true about why it is important to complete the free application for federal
student aid (FAFSA) process EXCEPT : ✔✔it allows you to be eligible for early admission
what has the biggest impact on whether a 4 year university is affordable? ✔✔the amount of
financial aid that the university offers
a 529 plan can help you save more money than a traditional savings account because... ✔✔it is a
tax free
cutting down costs by earning an associate's degree first and then transferring to a four year
college or university can be done by going to what type of higher education institution? ✔✔a
local community college
earning a degree can be expensive but which example shows why it might be worth it?
✔✔individuals with a bachelor's degree typically earn a higher annual salary than those without
one
, earning a degree can be expensive but which example shows why it might be worth it? ✔✔you
are more likely to earn more money over your lifetime than if you did not have a degree
it does not make sense to avoid post secondary education because of its cost since in the long
run: ✔✔the salary you will earn with a degree will pay back the cost of college over your career
what type of federal funding is free money, but is based on financial need only? ✔✔federal
grants
living on campus while earning your degree can help you save money on... ✔✔transportation
textbooks, transportation, and room and board are all... ✔✔additional costs for attending a
college or university
all of the following are true about the free application for federal student aid (FAFSA) EXCEPT:
✔✔the form is only available online
module 6 questions and answers
already passed
all of the following are true about why it is important to complete the free application for federal
student aid (FAFSA) process EXCEPT : ✔✔it allows you to be eligible for early admission
what has the biggest impact on whether a 4 year university is affordable? ✔✔the amount of
financial aid that the university offers
a 529 plan can help you save more money than a traditional savings account because... ✔✔it is a
tax free
cutting down costs by earning an associate's degree first and then transferring to a four year
college or university can be done by going to what type of higher education institution? ✔✔a
local community college
earning a degree can be expensive but which example shows why it might be worth it?
✔✔individuals with a bachelor's degree typically earn a higher annual salary than those without
one
, earning a degree can be expensive but which example shows why it might be worth it? ✔✔you
are more likely to earn more money over your lifetime than if you did not have a degree
it does not make sense to avoid post secondary education because of its cost since in the long
run: ✔✔the salary you will earn with a degree will pay back the cost of college over your career
what type of federal funding is free money, but is based on financial need only? ✔✔federal
grants
living on campus while earning your degree can help you save money on... ✔✔transportation
textbooks, transportation, and room and board are all... ✔✔additional costs for attending a
college or university
all of the following are true about the free application for federal student aid (FAFSA) EXCEPT:
✔✔the form is only available online
