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5. Which of the following types of aid are not need based? (Points: 0.06) a. Pell Grant b. Plus Loan. c. Perkins Loan. d. Subsidized

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5. Which of the following types of aid are not need based? (Points: 0.06) a. Pell Grant b. Plus Loan. c. Perkins Loan. d. Subsidized Stafford Loan. Question 6.6. The following type of financial aid is awarded to students with a low EFC, and funds are guaranteed to be available if a student qualifies: (Points 0.07) a. Pell Grant. b. Plus Loan. c. Work Study d. Stafford Loan. Question 7.7. Roshan is a freshman at Florida State University where his tuition is $4,000. Shante, his older sister, is a graduate student at Expensive University where tuition is $25,000. What is the maximum tax credit Roshan and Shante's parents can take? (Points: 0.07) a. $2,000 b. S3,650 c. $3,80 d. $4.500 Question 8.8. Amy filed her tax return on April 15. At that time, she owed $800 on a total tax liability of $10,000 and she submitted a check for $800 with her tax return. Which of the following penalties will apply to Amy? (Points: 0.07) a. Failure to file b. Failure to pay c. Underpayment of estimated tax. d. None of the above

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