Understanding Checking and Debit Accounts

Question 1

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

Revolt · Accepted Answer

A: Luisa can save some money.; B: Luisa can apply for financial aid when she graduates from high school.; D: Luisa’s parents can save some money for her, if possible.

Question 2

Which types of information will Sara need to provide to complete the form? Select all that apply.

Revolt · Accepted Answer

A: financial information; B: parental information; E: personal information

Question 3

Which statement about these grants is true?

Revolt · Accepted Answer

B: She will not have to pay back any funds she receives from these grants.

Question 4

Which statements about scholarships are true? Select all that apply.

Revolt · Accepted Answer

A: A student could receive a scholarship based on financial need.; B: Some scholarships require the student to pursue a specific field of study.; D: Scholarships are considered gifts and do not need to be paid back.

Question 5

How much money does Paco need to save to pay for his first year of college?

Revolt · Accepted Answer

B: $500

Understanding Checking and Debit Accounts Answers

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