How much do you really know about winning a college scholarship? 
Take this scholarship quiz to find out:
1. In recent years, the number of affluent students who receive merit scholarships from state and private universities has been increasing.
- A. True.
- B. False.
2. For most schools, the biggest factor for scholarships and admission decisions is:
- A. SAT or ACT test scores.
- B. Grade Point Average.
- C. Recommendations and college essay
3. If a student receives a scholarship or aid package from a college or university, he or she can negotiate for a larger award.
- A. True.
- B. False.
4. The biggest source of scholarship cash comes from private scholarships such as the Coca Cola Scholars awards and the Intel Science Talent Search, not from the colleges themselves.
- A. True.
- B. False.
5. About 7% of students receive a private college scholarship.
A. True.
B. False.
6. If you don’t take the ACT or SAT test, you won’t be eligible for academic scholarships from a college or university.
- A. True.
- B. False.
7. Which statement about SAT and ACT tests is incorrect?
- A. There are more than 820 SAT-optional colleges and universities.
- B. At many schools, a student can receive a college scholarship without submitting standardized test scores.
- C. All SAT and ACT scores, even mediocre ones, must be reported to colleges.
- D. You can take the SAT or ACT as many times as you’d like.
8. Which statement about Ivy League awards is incorrect:
- A. Harvard, Yale and other Ivy League schools award merit scholarships to their top students.
- B. Ivy League schools only give awards to students with financial need.
- C. You can make up to $180,000 in family income and still qualify for financial aid at Harvard.
9. Grants, which don’t have to be repaid, represent the largest source of federal financial aid.
- A. True.
- B. False.
Answers: 1) A. 2) B. 3) A. 4) B. 5) A. 6) B. 7) C. 
A. 9) B.
Didn’t do so hot on the college scholarship quiz? In my next post, I’ll share some great higher-ed resources to jump start your knowledge on financing a college degree.
Question mark image by Janneke Hikspoor.
