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Module 03 Quiz
Test Description: Complete the following quiz.
Instructions: Answer all questions to get your test result.
1) Which of the following is comprised of four subject areas?
A
ACT
B
SAT
C
SOL
D
PSAT
2) The essay portion of both the SAT and ACT is optional.
A
False
B
True
3) A _________________ is when the government pays the interest of the loan while the student is in college.
A
Forbearance
B
Subsidized loan
C
Deferement
D
Unsubsidized loan
4) How often must you file your FAFSA
A
One time only
B
None of these
C
Twice a year, each year you are in college
D
Once a year, each year you are in college
5) Part of the application process when the college gets to know you beyond your test scores and academic habits.
A
Letter of Recommendation
B
Essay
C
Resume
D
Transcript
6) A postponement of student loans that will increase the amount you owe
A
Forbearance
B
Deferment
C
Grace Period
D
Unsubsidized loans
7) A period of time in which the borrowers repayment plan is delayed until a certain date.
A
Deferment
B
Forbearance
C
Unsubsidized loan
D
Grace Period
8) N/a
A
n/a
B
n/a
C
n/a
D
n/a
9) n/a
A
n/a
B
n/a
C
n/a
D
n/a
10) n/
A
n/a
B
n/a
C
n/a
D
n/a
*select an answer for all questions
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