Quiz

   
  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.  
   
  You have heard the slogan around campus “get out of line and go online”, but which of the following things CAN you complete on the web?  
  1 Check your financial aid award status  
  2 Fill out the FAFSA  
  3 Check the balance and make payments on student loans.  
  4 All of the above.  
   
  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 know all the types of Financial Aid available to students? You have probably heard of student loans; however that is just one option students may choose to pay for college. Test your knowledge of financial aid by choosing which one of the following is not a type of financial aid:  
  1 Loans  
  2 Grants  
  3 Scholarships  
  4 Savings Accounts  
   
  Are you discouraged because you think the possibility of receiving a scholarship is too slim to even waste your time applying? How much money do you think the University of Alaska gives away each year in scholarships?  
  1 Definitely over $6 million.  
  2 Definitely under $6 million.  
  3 Maybe a few hundred thousand dollars?  
  4 The University of Alaska offers scholarships?  
     
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