What are the 2 parts of a loan?
Principal and Interest
What advantages do I get from enrolling in college classes while I'm still in high school?
Double credit! Starting college transcript! Zero cost for tuition!
Tuition is the the cost for classes charged by the school your are attending.
The faster I run, the harder I am to catch... what am I?
Your breath.
What are two advantages to renting (instead of buying)?
Lower up-front costs and more flexibility.
What TWO sections of classes do you need to take to earn your degree?
Your General Education and Your Major
What determines the amount of money I can receive from FAFSA
Your household income and assests.
What is the maximum number of times you can subtract five from 25?
Just once - then it's not 25 anymore!
Explain EQUITY
College of Marin offers all of these... except one. Which of these does COM not offer?
Associate's Degree, Bachelor's Degree, or Certificate of Achievement
Bachelor's Degrees
What percentage of first time college students access financial aid to help pay for college, certification, or vocational programs?
80 - 90% of ALL first time students
How many seconds in a year?
12. January 2nd, February 2nd, March 2nd...
What is the 28% Rule?
What does PREREQUISITE mean?
It means you'll need to take and pass a specific class (or classes) before enrolling in another class of your choosing.
What type of financial aid are you not obligated to pay back?
Scholarships
Alma has four daughters, and each of those daughters has a brother. Each brother has a favorite sister. How many children all togethers does Alma have in total?
5 - all the sisters have the same favorite brother.
Calculate the monthly payment on a 15-year loan, at 5% interest, for a property this is selling for $300,000 (the down payment has already been covered, the $300K is what's left).
$2916/month
What are some advantages to entering into a certificate program vs a degree program?
Only studying your major, no gen. education classes needed, shorter time in school...
Can you tell me what FAFSA stands for?
Free Application for Federal Student Aid
I am four times as old as my son. In 20 years I will be twice as old as him. How old are we now?
40 years old and 10 years old.