Everfi Module 5 – Higher Education – Flashcards
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The return of investment (ROI) from education is typically the highest for:
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Someone with a four-year bachelor degree
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Your sister is starting ninth-grade next year and is thinking about going to college. What steps would you first recommend she takes?
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Looking for school clubs and organizations she's interested in
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Which of the following loans will typically offer the lowest interest rate?
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Payday Loan and Federal Student Loan
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When referring to student loans, what is a grace period?
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The period after graduating or leaving school before you must begin paying back student loans
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Which loan type requires you to make loan payments while you're attending school?
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Neither A nor B
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Which of the following statements about federal state loans is true
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The interest rate on your loan will be fixed overtime
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Using the FASFA form you can apply for:
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Federal student loans; the federal work study program
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The federal application for student aid form:
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Can be submitted online or by mail
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After you send in your FASFA form what will you recieve back?
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A copy of your completed FAFSA form
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You were looking for ways to pay for your higher education cost, which of the following options will require you to pay back any money receive?
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Federal student loans
