Module 5: Finances Completion Quiz

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Complete this assessment to receive a Certificate of Completion for Module 5: Finances.

This assessment is multiple choice. Click on the correct answer to receive points. Once you are finished, click 'Submit.' You will be able to review your responses by selecting, 'View score' which will give you feedback on each question.

Once your submission is received, you will get a Certificate of Completion to the email you provide below.

Name *

1 point

Email *

1 point

What is the purpose of the FAFSA *

1 point

To evaluate a student's knowledge level

To determine a student's eligibility for financial aid support

To apply for admission to college

To request a person loan from the bank

A ____________ is an award given to students that they are not expected to pay back. A ____________ must be paid back, possibly with interest. *

1 point

Grant; loan

Loan; grant

Loan; scholarship

Stipend; grant

Which of the following should be considered when creating a budget?
*

1 point

Expected future expenses

Bank accounts

Credit cards

All of the above

The ______________ of a credit card or loan can greatly increase the total amount of money you need to pay back to these sources.
*

1 point

Application fee

Identity protection plan

Usage rate

Interest rate

Which account should be used to access your financial aid information as a Pierpont student?
*

1 point

Blackboard

Gmail

ROAR

Personal Bank

Submit

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