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College Financing Basics  Ch 1: Sizing up the challenge
Get the most out of financial aid and get your student into the right school, as painlessly as possible.
 
   
Sizing up the challenge
 

College Financing Basics: Chapter 1 quiz

By Bankrate.com

If you think you've mastered the material in this chapter, take our quiz. After you click the ''submit'' button, the answers will appear below.

  1. What is the difference between early action and early decision?

    Early action doesn't require the applicant to attend the school if accepted; early decision does.
    Early action requires the applicant to attend the school if accepted; early decision doesn't.

  2. What is a drawback of a "brand-name" school?

    At research-heavy schools, teacher aides sometimes teach auditorium-sized classes instead of professors.
    Graduating students could graduate with massive student loans.
    A high-priced education doesn't make much sense for students preparing for modest-earning careers.
    All of the above

  3. For nonfederal student financial aid you should apply to:

    FAFSA
    PROFILE

-- Posted: Feb. 8, 2006
Next Chapter >>  

TABLE OF CONTENTS
  Ch 1: Sizing up the challenge
  Ch 2: Building a college fund
  Ch 3: Last-minute financing
  Ch 4: Where to find the money
  Ch 5: Paying off student loans
  More Basics
College Financing
Compare today's rates
NATIONAL OVERNIGHT AVERAGES
Stafford - in school 6.80%
PLUS loan 8.50%
Private loan 8.13%
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