Quiz

   
  Financial Aid comes in many forms—grants, scholarships, loans, work study, and waivers—just to name a few. Although it is important to be prepared and well informed about your financial aid options, researching this all on your own can send you into a state of information overload. The university offers “Financial Aid Night” to parents and students for the purpose of _________________?  
  1 Naming financial aid recipients and distributing their award money.  
  2 Sponsoring a big financial aid party with door prizes and drawings for more money for college—must be present to win!  
  3 A financial aid workshop dedicated to help parents and students learn more about financial aid.  
  4 A convention for financial aid counselors to get together and compare notes on how to improve their university financial aid services.  
   
  Do you feel like you are the only student having trouble paying for college? Feel like you are admitting defeat by applying for financial aid? Well, more students may be receiving tuition assistance than you think. What percentage of students would you guess are receiving some type of financial aid?  
  1 10% seems about right. I am sure most parents are much more prepared than mine and started saving 18 years ago.  
  2 20% and that is my final answer because most college students either have rich parents or are working their way through.  
  3 30%, because those are either the super smart students on academic scholarships or the sports all-stars on athletic scholarships.  
  4 Definitely over 50%. How else would one pay for college?  
   
  Need some help paying for college? The average cost for in-state tuition and fees for a full-time student are about $3477 per year at the University of Alaska. Receiving financial aid can help alleviate some of the burden of paying this all yourself. Last year the average student received $______ in financial aid.  
  1 I have heard that financial aid does not even cover fees, so I am going to guess $500.  
  2 I am sure the average student can pay for at least tuition and fees, plus have some money left over for books and supplies--$5000 should cover it.  
  3 I have heard that students can pretty much take out as much money as they want and then just pay it all off when they graduate, so the number has got to be pretty high, say $10,000.  
  4 None of the above. The average student does not receive financial aid.  
   
  Scholarships and grants are a great way to pay for college. You may think that a great grade point average is the only way to receive a grant or scholarship; however academics are just one of the criteria used to award students. What other criteria is involved?  
  1 Life experience  
  2 Financial need  
  3 Athletic ability  
  4 All of the above  
   
  Many students have jobs in college. Working helps you earn money and can give you great experience. If you are interested in working as a student, then check out the jobs open to students at your campus. You can work and attend classes all in the same place. Student jobs are available in many different career fields, so you can also get experience towards your degree. What kind of student job is considered financial aid?  
  1 When you sign up for a work study program.  
  2 When you work in exchange for room and board or free tuition.  
  3 When you employer awards you with a scholarship or grant.  
  4 None, student jobs are not considered financial aid.  
     
Back to Top