More Money, Less Problems
This quest includes two videos. When you complete this survey you will receive a code for points.
- 1.
Cost of Attendance - Expected Family Contribution =
- A.
The loans you must borrow
- B.
How much your family must pay
- C.
The total amount of scholarships you have received
- D.
Your financial need
Correct Answer
D. Your financial needExplanation
The equation given represents the calculation of financial need for a student. By subtracting the Expected Family Contribution (EFC) from the Cost of Attendance, we can determine how much financial aid is required to cover the remaining expenses. This represents the amount of money the student needs in order to afford their education, taking into account their family's ability to contribute. Therefore, the correct answer is "Your financial need."Rate this question:
-
- 2.
Follow this link to the first video in the quest. http://www.youtube.com/watch?v=FKuRAwCFQas When you're done watching, come back to get access to the next video.
- A.
Click here to continue
- B.
Do not select this option
Correct Answer
A. Click here to continueExplanation
The correct answer is "Click here to continue" because the question asks for the next step after watching the video. The phrase "Click here to continue" implies that by clicking on it, the user will be able to access the next video in the quest.Rate this question:
-
- 3.
Follow this link to the second video. http://www.youtube.com/watch?v=c-23SMf5DyQ When you're finished come back and answer the following two questions to receive a code for points. Link 2:
- A.
Click here to continue
- B.
Do not select this option
Correct Answer
A. Click here to continue -
- 4.
What does the first 'F' in 'FAFSA' stand for?
- A.
Fast
- B.
Free
- C.
Financial
- D.
Federal
Correct Answer
B. FreeExplanation
The first 'F' in 'FAFSA' stands for Free because the FAFSA (Free Application for Federal Student Aid) is a form that students fill out to apply for financial aid for college or graduate school. The form is free to complete and submit, allowing students to access federal grants, loans, and work-study opportunities to help pay for their education.Rate this question:
-
- 5.
Cost of Attendance - Expected Family Contribution =
- A.
The loans you must borrow
- B.
How much your family must pay
- C.
The total amount of scholarships you have received
- D.
Your financial need
Correct Answer
D. Your financial needExplanation
The given equation, Cost of Attendance - Expected Family Contribution, represents the difference between the total cost of attending a college or university and the amount that your family is expected to contribute towards that cost. This difference is commonly referred to as your financial need, as it represents the amount of financial assistance you require in order to cover the remaining expenses. Therefore, the correct answer is "Your financial need."Rate this question:
-
- 6.
What does the first 'F' in 'FAFSA' stand for?
- A.
Fast
- B.
Free
- C.
Financial
- D.
Federal
Correct Answer
B. FreeExplanation
The first 'F' in 'FAFSA' stands for "Free" because the FAFSA (Free Application for Federal Student Aid) is a form that students must complete in order to apply for financial aid for college. The form is free to fill out and submit, allowing students to access potential funding opportunities without any cost.Rate this question:
-
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 20, 2023Quiz Edited by
ProProfs Editorial Team -
May 27, 2014Quiz Created by
Wfieldsd2d
Back to top