Student Loans
True or False - Students loans should be used for paying room and board
True
Which students should submit a FAFSA form?
ALL seniors
Things you are good at are considered your...
skills
What is the most expensive educational cost?
Tuition
If you HAVE to take out student loans, which loan should be your last resort?
Private loans
True or False - You can receive a grant or scholarship based on your ethnicity
True
What kind of degree is earned from a community college?
Associate's
More education will lead to what...
Will accept multiple answers... Higher salary, more debt, decreased unemployment chance
With a federal unsubsidized loan you are required to pay ______ while you are going to college
interest
What is the best option for paying tuition?
Scholarships/Grants
Which of the following is NOT a common obstacle to effective career planning?
- Lack of direction
-Fear of failure
-External expectations of others
-Stress over relocation
Stress over relocation
The sticker price of a college is the....
Advertised price
Your monthly student loan payment should be no more than...
15% of your monthly income
You should not take out student loans that are more than what?
First year salary
What is the first step of the career planning process?
Know yourself by doing career surveys
Which college is typically the LEAST expensive if receiving NO scholarships or grants?
Community college
Jackie is going to a university for 4 years and needs to take out student loans in the amount of $9,700 per year. What is her total amount of student loan debt?
$38,800
When is the first day to submit your FAFSA form?
October 1st
Which three things should you consider when deciding on a career path?
Interests, Values, Skills
What is a paid internship in a specific career that leads to employment?
Apprenticeship