Housing
Post-Secondary Fun!
Financial Aid
Riddles!
100

What are the 2 parts of a loan?

Principal and Interest

100

What advantages do I get from enrolling in college classes while I'm still in high school?

Double credit!  Starting college transcript!  Zero cost for tuition!

100
What is TUITION?

Tuition is the the cost for classes charged by the school your are attending.

100

The faster I run, the harder I am to catch... what am I?

Your breath.

200

What are two advantages to renting (instead of buying)?

Lower up-front costs and more flexibility.

200

What TWO sections of classes do you need to take to earn your degree?

Your General Education and Your Major

200

What determines the amount of money I can receive from FAFSA

Your household income and assests.

200

What is the maximum number of times you can subtract five from 25?

Just once - then it's not 25 anymore! 

300

Explain EQUITY

Equity is the value of an asset (like a house or business) minus the liabilities.  In other words, it's how much your property has increased, or appreciated, in value.
300

College of Marin offers all of these... except one.  Which of these does COM not offer?

Associate's Degree, Bachelor's Degree, or Certificate of Achievement

Bachelor's Degrees

300

What percentage of first time college students access financial aid to help pay for college, certification, or vocational programs?

80 - 90% of ALL first time students

300

How many seconds in a year?

12.  January 2nd, February 2nd, March 2nd...

400

What is the 28% Rule?

It states that your monthly housing costs shouldn't exceed 28% of your gross income (give or take a few percentage points).
400

What does PREREQUISITE mean?

It means you'll need to take and pass a specific class (or classes) before enrolling in another class of your choosing.

400

What type of financial aid are you not obligated to pay back?

Scholarships

400

Alma has four daughters, and each of those daughters has a brother.  Each brother has a favorite sister.  How many children all togethers does Alma have in total?

5 - all the sisters have the same favorite brother.

500

Calculate the monthly payment on a 15-year loan, at 5% interest, for a property this is selling for $300,000 (the down payment has already been covered, the $300K is what's left).  

$2916/month

500

What are some advantages to entering into a certificate program vs a degree program?

Only studying your major, no gen. education classes needed, shorter time in school...

500

Can you tell me what FAFSA stands for?

Free Application for Federal Student Aid

500

I am four times as old as my son.  In 20 years I will be twice as old as him.  How old are we now?

40 years old and 10 years old.

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