Who's Who?
Financial Literacy
Degrees
Tools
Forms, Documents, Contracts
100

A college or university employee who advises students during the admissions process.

Who is an Admissions Counselor?

100

A scholarship students can earn for their good grades and ACT score. No application required.

What is KEES?

100

Generally awarded after 60 credit hours, usually two years of study. 

What is an Associate's degree?

100

The test required or accepted at all public and many private universities.  It has four sections-English, math, reading and science reasoning-and an optional writing exam.  Scores are used for admissions purposes, awarding scholarships and placing students in special programs and honors courses.  

What is ACT?

100

The Free Application for Federal Student Aid is the need analysis form all students must complete when applying for federal and state student aid.  Some colleges use this to award scholarships.

What is FAFSA?

200

Someone who works in elementary, middle and high schools to provide academic, career, college access and personal/social support to K-12 students.

Who is a School Counselor?

200

A financial aid award to help pay for higher education.  They generally do not have to be repaid and are normally based on ability, talent or achievement. 

What is a Scholarship?

200

Generally awarded after a minimum of 120 credit hours, usually four to five years of study. 

What is a Bachelor's degree?

200

"Must have" competencies in English language arts and mathematics for success in college.

What are Benchmarks?

200

A legally binding contract between a borrower and a lender.  It establishes the conditions under which a student or parent borrows money and the terms under which it must be repaid.  It is good for 10 years if the student doesn't change schools. 

What is Master Promissory Note (MPN)?

300

A college or university employee who is involved in the administration of financial aid.

Who is a Financial Aid Counselor?

300

Financial aid award, generally based on financial need, to help pay the cost of higher education.  Generally does not have to be repaid.

What is a Grant?

300

A degree that takes at least a year after the bachelor's to complete.

What is a Master's degree?

300

A grade point average is the sum of the graded points earned (A=4, B=3, C=2, D=1, F=0) divided by the numbers of hours attempted for courses taken during a semester.

What is GPA?

300

A secure network allowing high schools, postsecondary institutions and employers to securely transmit electronic transcripts.

What is Parchment Exchange?

400

A KHEAA staff member who helps students and families plan and prepare for education after high school.  KHEAA services are free.

Who is a KHEAA Outreach Counselor?

400

A scholarship offered to family members of alumni of a college or university.

What is a Legacy Scholarship?

400

A degree that usually takes three or more years after a bachelor's to complete.

What is a Doctorate?

400

A system to help high school students plan their courses and activities as they prepare for higher education and career.

What is Individual Learning Plan (ILP)?

400

A document outlining a person's educational and work background, as well as special skill sets and training, often used to get a job. 

What is a Resume?

500

A person who manages the financial affairs of a college or university

Who is a Bursar?

500

Student financial aid administered by the college or proprietary trade school.

What is Institutional Aid?

500

Given in specialized areas to people who have completed master's, doctorate or professional degrees.

Given in a nondegree program, usually in a vocational or technical area, to prepare for a specific occupation (generally last 6 to 12 months).

What is a Certificate?
500

State agency that helps students plan and pay for college by providing financial aid programs and free materials and information. 

What is Kentucky Higher Education Assistance Authority (KHEAA)?

500

Document produced from information provided on the FAFSA and sent to the student.  It reports your eligibility for aid and expected family contribution (EFC).  

What is Student Aid Report (SAR)?

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