SESSION 4

Assessment Questions Related to Session 2

Which of the following is true of the Free Application for Federal Student Aid (FAFSA)?

A) Colleges, universities, state governments and the federal government use the FAFSA to determine the amount of aid they can award to a student.

B) Information entered on the FAFSA determines a student’s Expected Family Contribution (EFC). C) The FAFSA only needs to be completed once, during the spring prior to freshman year of college. D) A and B E) I don’t know

Which of the following types of financial aid are typically merit based vs. need based?

A) Grants are typically merit based, while student loans are typically need based.

B) Scholarships are typically merit based, while work study is typically need based.

C) Scholarships are typically merit based, while grants are typically need based.

D) B and C

E) I don’t know