Name: _________________________________ Date: ______________________ Block: ___________

Everfi Module 5: Higher EducationVideo #1: Education as an Investment What does higher education mean?

1. _______________________________________________________ 2. _______________________________________________________ 3. _______________________________________________________ 4. _______________________________________________________

Why is higher education considered an investment?

How can you pay for higher education?

The Path to Higher EducationDescribe the steps to getting on the path to higher education:

Video #2: Financing Higher Education What is the opportunity cost of attending college NOW?

Describe the different options to help you pay: A. _______________________________________________

What type of scholarships exist?

B. _______________________________________________

C. _______________________________________________

What’s the difference between government loans and private loans?

Subsidized vs Unsubsidized Federal LoansWhat is the difference between subsidized and unsubsidized federal loans?

Which type of loan requires you to pay the interest accumulated during school? ________________________________Which loan type is available to everyone? ________________________________What is the “grace period”?

Will interest rates on subsidized and unsubsidized loans change over time? ________________________________

Post Test Grade:

_________

Filling Out the FASFA1. If you don’t have a paper copy of the FASFA form, how else can you fill it

out?

2. What’s the earliest you can submit your FASFA application?

3. Where can you find the deadlines for state aid?

4. You are filling your FASFA form close to the deadline. How should you file?

5. If you need to view your tax return information, what tool can you use?

6. If you need help filling in the FAFSA form, where can you go for help?

7. After you send in your application for processing, what will you receive back?

Explain four (4) new facts you didn’t know about FASFA before this module:

Ways to Pay for Higher Education Describe the different strategies you can use in order to pay for higher education.

1.

2.

3.

4.