AnswersSNHS NV-Civics and EconomicsUnderstanding College Savings

Understanding College Savings Answers

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1
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Which are good ideas to include in Luisa’s plan? Check all that apply.

A
Luisa can save some money.
B
Luisa can apply for financial aid when she graduates from high school.
C
Luisa’s friends can lend her money.
D
Luisa’s parents can save some money for her, if possible.
E
Luisa can wait to save money until she graduates from high school.
2
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Which statements about scholarships are true? Select all that apply.

A
A student could receive a scholarship based on financial need.
B
Some scholarships require the student to pursue a specific field of study.
C
Scholarship money must be paid back after graduation.
D
Scholarships are considered gifts and do not need to be paid back.
E
All scholarships are based solely on academic achievement.

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