Basic Money Management
First thing to do after getting a paycheck
Put some money into savings - pay yourself first!
The fee that banks sometimes charge for spending more than you have in your bank account
What is Overdraft Fee?
True or False: Grants and scholarships awarded to Madison Colleges students are "free money" that you don't have to pay back.
What is the name of the official government form you must fill out to qualify for federal grants, work-study, and loans?
What is the Free Application for Federal Student Aid (or FAFSA)?
An event when students can get help to fill out their Financial Aid Application?
What is a FAFSA Workshop?
A constant amount that needs to be paid every month
What is a Fixed Amount or Bill? (Think rent, loan payments, etc.)
When your employer directly deposits your paycheck into the bank account
What is Direct Deposit?
How can you pay your Madison College Tuition Bill if paying yourself? (3 ways)
Where is 1.At the payment center in person, 2. Online on your student portal, 3. Mailing in a payment?
Do you have to fill out the FAFSA just once for your whole program, or do you need to re-apply every single school year?
What is Every single school year?
Madison College Mascot
Who is Wolfie?
A non-constant amount that needs to be paid monthly
What are Flexible or Variable Expenses? (Includes groceries, gas, some utility bills, etc).
The winner of 2026 World Cup
Who is Spain?
The Princess Peach's helper name
Toad the mushroom peeps
What is short for "Pocket Monsters"?
What is Pokemon?
The name of Madison College Student ID Card
What is One Card?
The process of creating a plan to decide how much you will save and spend - telling your money where to go
What is Budgeting or a Spending Plan?
What is the bank or credit union located inside Madison College?
What is UW Credit Union?
What local foundation gives away millions of dollars in free scholarship money directly to Madison College students each year?
What is the Madison College Foundation?
If your financial aid covers your full tuition and there’s leftover money, that extra cash sent directly to you is called an aid ____.
A department to assist students with their financial needs
Student Financial Support Services (Financial Aid is within this)
A question that people should think before making a purchase
Is it in my budget or spending plan?
The only way IRS can contact you
By mail
On-campus part-time jobs that allow students to earn a bi-weekly paycheck while working around their class schedules are called Federal ____-____.
What is Work-Study?
When people are being too active on internet
What is Chronically Online?
Madison College student portal to make payments, enroll in classes, accept financial aid offers, and much more.
What is MyMadisonCollege?