When planning for college, you should consider:
All of the above
Which education level has the highest return on investment (ROI)?
Bachelor’s degree (4 years of college)
Your sister is starting 9th grade next year and is thinking about going to college. What step would you recommend she take first?
Look for school clubs ; organizations she’s interested in
Which of the following types of financial aid do not require you to pay the money back?
Grants
Select the answer that best describes why the return on investment (ROI) for higher education is high even though the cost of college is increasing.
You have the potential to earn more money in the future when you continue your education past high school.
Which of the following loans will typically offer the lowest interest rate?
Federal Student Loan
Which answer best describes an unsubsidized federal loan?
You are responsible for paying all the interest that accumulates on your loan.
On average, someone with a Bachelor’s degree is estimated to earn ____ times more than someone with a high school diploma.
1.6
The Federal Application for Student Aid (FAFSA) form:
Is the free application for federal student aid
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
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