All tests will include a combination of multiple-choice and scenario-based questions. The following examples are similar in structure and scope to the questions that will appear on the test for this topic.

1. Which of the following costs cannot be included in a student’s cost of attendance?

• A computer purchased in the summer for use in the fall
• CORRECT: Purchase of a vehicle to provide transportation to and from school
• Child care during a study group session
• A fee for a licensing exam

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2. Which of the following Title IV programs is always based on the cost of full-time attendance for a nine-month academic year?

• TEACH Grant
• Direct Loans
• Campus-Based Aid
• CORRECT: Federal Pell Grant

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3. For students enrolled less than half time, the school cannot include __________ in the cost of attendance.

• transportation
• room and board
• CORRECT: miscellaneous and personal expenses
• an allowance for dependent-care expenses

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4. What is the maximum number of semesters (or equivalent) a less than half-time student may have room and board included in the cost of attendance?

• One
• Two
• CORRECT: Three
• Four

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5. If a school charges the total tuition cost for a program at the beginning of the first period of enrollment, for which Title IV program must the charges be prorated to reflect the academic year?

• Direct Loans
• TEACH Grant
• CORRECT: Federal Pell Grant
• Perkins Loans

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