College Life
Did You Know
Terms
Bank Definitions
Bonus (x2)
100

The amount you owe to attend college for classes and instruction.

What is Tuition?

100

Name 3 services offered by banking centers or credit unions

What is a Checking Account, Savings Account, Loan, Credit Card, or CD

100

A payment is made as an additional fee person pays depending on their credit score, work, or past rental history

What is a down payment?

100

A document provided by a bank that summarizes all transactions (deposits, withdrawals, fees) that occurred within a specified period for a specific account.

What is a bank statement?

100

In what month is it best to start you application for financial aid?

What is October?

200

This is a signed agreement to pay back funds when taking out student loans

What is a Promissory Note?

200

This type of banking account is used for entrepreneurs and corporate bankers

What is Commercial Banking?

200

These are the costs most people pay monthly: gas, water, electricity, cable, internet, etc.

What are utilities?

200

The cost of borrowing money or the earnings from saving or investing money typically expressed as a percentage rate over time.

What is interest?

200

GNAP stands for

Greeting, Name, Affiliation, and Purpose

300

A room that is shared by four students.

What is a Quad Dorm?

300

You should write this when leaving a job

What is a Resignation Letter?

300

The qualities that influence how people act and complete tasks.

What is Personal Skills?

300

An electronic payment method where funds are transferred directly into a bank account typically used for payroll or government benefits.

What is a Direct Deposit?

300

The three forms of payment used to pay for college

What are Scholarships, Grants, and Student Loans

400

How you pay colleges to dine on campus.

What are Meal Plans?

400

These are four major parts of a resume

What are Name, Objective, Work Experience, and Education?

400

A ceremony held to welcome all JAG students into the program.

What is Initiation and Installation?

400

The management of large amounts of money, especially by governments or large companies; also refers to the study of how money is managed and invested

What is Finance?

400

A group of visionary advisors of our organization.

What is a Board of Directors?

500

FAFSA stands for

What is Free Application for Federal Student Aid

500

The government pays the interest on this type of loan while the student is in school and during the grace period.

What is a Direct Subsidized Loan?

500

The act of achieving a job or employment

What is Job Attainment?

500

A savings product offered by banks that pays a fixed interest rate for a specified term.

What is a Certificate of Deposit?

500

Jobs for America's Graduates was founded in this state 

What is Delaware?

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