When borrowing for college, one thing to keep in mind is that you're not just paying for one year of school. About half of all colleges practice what is called "front loading of grants," which means that

A) grants awarded in the fall will be worth more than grants awarded in the spring semester.
B) your grants as a freshman will be more generous than your grants as a sophomore, junior, or senior.
C) your grants will progressively increase as your graduation date approaches.
D) the more your parents or guardians pay upfront for your college expenses, the less grants you will receive.


Answer: B

Business

You might also like to view...

Quality of working life programs introduced in the 1970s were largely designed to address problems with worker fatigue, boredom, and alienation that were associated with mass production.

Answer the following statement true (T) or false (F)

Business

How is the current ratio calculated?

A. Current assets divided by current liabilities B. Retained earnings divided by current liabilities C. Current assets divided by total assets D. Current assets minus current liabilities

Business

Fixed cost is the portion of the total cost that remains constant regardless of changes in levels of output

Indicate whether the statement is true or false

Business

Group insurance premiums are generally more expensive than individual policies with the same coverage

Indicate whether this statement is true or false.

Business