Everfi Module Five Higher education

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The return on investment (ROI) from education is typically the highest for:

Someone with a 4-year (Bachelor’s) degree

Which loan type requires you to make loan payments while you’re attending school?

Unsubsidized federal loan

Which answer best describes an unsubsidized federal loan?

You are responsible for paying all interest that accumulates on your loan.

The Federal Application for Student Aid (FAFSA) form:

Can be submitted on online or by mail.

When planning for college, you should consider:

All of the above

Which of the following loans will typically offer the lowest interest rate?

Federal Student Loan

When referring to student loans, what is a grace period?

The period after graduating or leaving school before you must begin paying back student loans.

You are looking for ways to pay for your higher education costs. Which of the following options will require you to pay back any money you receive?

Federal Student Loans

Your sister is starting 9th grade next year and is thinking about going to college. What step would you recommend she take first?

Look for school clubs & organizations she’s interested in.

On average, someone with a Bachelor’s degree is estimated to earn ____ times more than someone with a high school diploma.

1.6

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