Fillable MCMP Module 4 P2

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MCMP Module 4 P2

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Module 4
1. Doing your FAFSA every year could make you eligible for the following:
Answer ______
a. Federal Student Loans
b. Federal Education Grants
c. Federal Work Study
d. Some scholarships
e. All of the above
2. The fastest way to file a FAFSA is to: Answer ______
a. Print it and put it in the mail.
b. File it online.
c. Neither way is faster.
3. Pick the way you electronically sign the FAFSA. Answer ______
a. With fingerprint scanning technology.
b. With the information from your most recent paycheck.
c. With a PIN.
d. There is no way to electronically sign a FAFSA.
4. If no one claims you as their dependent on their tax return, you are
automatically considered “independent” for the FAFSA.
Answer ______
a. True
b. False
Visit www.mycollegemoneyplan.org for additional resources and information.
5. Special rules apply for students whose parents have separated or divorced when
filling out the FAFSA.
Answer ______
a. True
b. False
6. All of the following are true about the Expected Family Contribution (EFC) number on
the FAFSA EXCEPT:
Answer ______
a. It is the exact amount your family will have to pay for one year at college.
b. It describes you family’s financial strength.
c. It is used to calculate the amount of financial aid for which you are eligible.
d. It is calculated by a formula established by law.
7. The best way to think about the term “Date for Priority Consideration” when applying
for student aid or completing a FAFSA is.
Answer ______
a. The first day the school will accept applications.
b. The date to submit an application if you are notified you are a priority applicant.
c. The deadline.
d. None of the above.
Name: _______________________________ WSUid: ________________________
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MCMP Module 4 P2

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Completed 21 March 2020

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