Which of the following is NOT a reason to complete the Free Application for Federal Student Aid (FAFSA)?

It allows you to be eligible for federal student aid.

It allows you to be eligible for early admission.

It allows you to be eligible for some grants.

It allows you to be eligible for many scholarships

It allows you to be eligible for early admission.

Explanation:

Free Application for Federal Student Aid was created in order to give financial  support for the students who came from low income family. These aid is intended to help the students focus on their studies without having to get jobs in order to pay their tuition.

Early admission tend to be given to applicants with strong academic records or proven achievements in other categories (such as athletic competitions, social works, or a competition in a certain educational subject). Income level would most likely not considered as a criteria for early admission.

answer; work samples;

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%