EVERFI finicnical lieracy

Question 1

What is one reason why post secondary education may be worth it in the long run?

Answer 1

Over your career, your increased earnings will pay back the cost.

Question 2

Which of these is NOT a potential benefit of attending community college?

Answer 2

Sports teams are the best in the country

Question 3

Which of these additional costs will most likely be the most expensive

Answer 3

Room and board

Question 4

A 529 plan can help save more money than a savings account because

Answer 4

…it is tax free

Question 5

Which of the following is NOT true of the FAFSA

Answer 5

it is only avaible online

Question 6

Which of the following is generally the LEAST expensive

Answer 6

In-state public university

Question 7

Which of the following is FREE, but only based on financial need?

Answer 7

Federal grants

Question 8

Why is it a good idea to fill out the FAFSA

Answer 8

It allows you to be eligible for federal student aid