FAFSA
What does FAFSA stand for and what is its purpose?
A. Free Aid For State Applicants – for scholarships
B. Free Application for Federal Student Aid – determines eligibility for college financial aid
C. Federal Aid for School Access – gives private loans
D. Financial Aid for Students Abroad – helps with study abroad
B. Free Application for Federal Student Aid – determines eligibility for college financial aid
What does a flashing red light mean?
A. Speed up
B. Stop completely, then proceed when safe
C. Proceed with caution
D. Ignore it
B. Stop completely, then proceed when safe
What is usually included in a college application?
A. TV shows you like
B. Social media profiles
C. Transcripts and personal essay
D. Video game scores
C. Transcripts and personal essay
What is a credit score?
A. Your class grade
B. A number showing how well you manage debt
C. Your bank balance
D. A social security score
B. A number showing how well you manage debt
What is a W-2 form?
A. A tax refund form
B. A form your employer gives showing how much you earned and paid in taxes
C. A college application
D. Your credit card statement
B. A form your employer gives showing how much you earned and paid in taxes
What documents or information do you need to complete the FAFSA?
A. High school report card
B. A resume and reference letter
C. Parent and student tax returns, Social Security numbers, income info
D. A credit card and job history
C. Parent and student tax returns, Social Security numbers, income info
When should you use your turn signal?
A. Only on the highway
B. When changing lanes or turning
C. Only in the city
D. When honking your horn
B. When changing lanes or turning
What is an application fee?
A. A penalty for applying late
B. A donation to the school
C. A fee required to submit your college application
D. Money given back when accepted
C. A fee required to submit your college application
What is a credit card?
A. A card that gives you free money
B. A card that lets you borrow money you must pay back
C. A debit card
D. A reward card
B. A card that lets you borrow money you must pay back
When are federal taxes usually due?
A. January 1
B. February 28
C. April 15
D. December 31
C. April 15
what is the max amount of $ FAFSA can give you?
a. $5,621
b. $10,146
c. $7,395
d. $1,274
C. $7,395
What is the legal Blood Alcohol Content (BAC) limit for drivers under 21?
A. 0.00%
B. 0.05%
C. 0.08%
D. 0.10%
A. 0.00%
What is early decision?
A. Applying without SAT scores
B. A binding agreement to attend if accepted
C. Applying after regular deadlines
D. Submitting only your name
B. A binding agreement to attend if accepted
What happens if you only pay the minimum payment on your credit card?
A. You save money
B. You build credit fast
C. You build interest and may stay in debt longer
D. Your balance goes to zero
C. You build interest and may stay in debt longer
What is a tax refund?
A. A late fee
B. Extra money given by banks
C. Money returned to you if you overpaid taxes
D. A bonus from your job
C. Money returned to you if you overpaid taxes
What is the federal deadline for submitting the FAFSA form each year?
A. April 1st
B. June 30th
C. August 15th
D. December 31st
B. June 30th
FAFSA opens October 1 and the federal deadline is June 30 of the academic year.
What do broken white lines on the road mean?
A. Do not pass
B. Lane changes are allowed
C. One-way street
D. Construction ahead
B. Lane changes are allowed
What is a college major?
A. Your favorite subject in high school
B. A minor subject
C. The main subject you study in college
D. A college administrator
C. The main subject you study in college
What affects your credit score the most?
A. Number of friends
B. Payment history
C. Number of pets
D. Monthly salary
B. Payment history
What does the IRS do?
A. Builds roads
B. Runs schools
C. Collects federal taxes
D. Sells cars
C. Collects federal taxes
what is the room # that helps out with FAFSA and other college questions you may have?
what are the names of the teachers that help?
room 104
Ms. Dumaresq, Ms. Gibson, Ms. Sherpa
What should you do if you’re in a skid?
A. Slam the brakes
B. Steer in the opposite direction
C. Steer in the direction of the skid
D. Accelerate
C. Steer in the direction of the skid
Which of the following is NOT typically required in a college application?
A. Letters of recommendation
B. SAT/ACT scores
C. Proof of income
D. High school transcript
C. Proof of income
Which of the following is a consequence of bad credit?
A. Lower interest rates
B. Getting approved for more loans
C. Difficulty renting an apartment or getting a car loan
D. Free credit cards
C. Difficulty renting an apartment or getting a car loan
Which of the following can reduce the amount of tax you owe?
A. Watching ads
B. Tax deductions and credits
C. Owning a pet
D. Voting
B. Tax deductions and credits