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EconEdLink - College Financial Aid Options
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Grade 9-12
,
Activity

College Financial Aid Options

Time: 20 mins,
Updated: January 29 2022,
Author: Council for Economic Education
Teacher Version

Objective

Students will be able to:

  • Explain the different types of college financial aid.

Standards

National Standards in Economics

National Standards in Financial Literacy

State Standards


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Concepts

Decision Making/Cost-Benefit Analysis

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In this personal finance activity, students will review different options for college financial aid.

Resources

 

Procedure

This is an individual activity where students read The Types of Financial Aid document and respond to a set of questions to help students understand the options available to help pay for a college education. The cost of attending college has increased significantly in the last few years, which has increased the need for families to rely on financial aid to offset the costs. While there are several different types of financial aid available, choosing the best option can be confusing. To complete this activity, students need to follow the instructions below:

      1. Read the Types of Financial Aid for College
      2. Complete the worksheet, or ReadyAssessments Activity on the topic of Types of Financial Aid for College
      3. Check your answers.
Subjects:

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