College Vocabulary
Undergraduate college admission application used to apply to any of nearly 700 member colleges.
What is the Common Application
This is brief account of a person’s education, qualifications, and previous experience, typically sent with a job application.
What is a resume?
This is what SAT stands for.
What is Scholastic Aptitude Test?
A letter sent with, and explaining the contents of, another document or a parcel of goods. Generally accompanies a resume.
What is a cover letter?
A degree that generally takes 4 years to earn.
What is Bachelor's Degree?
Education and training which equips people with knowledge, skills and/or competences in particular occupations or labor market.
What is Vocational Training?
A fixed regular payment, typically paid on a monthly or biweekly basis often expressed as an annual sum, from employer to an employee.
What is salary?
This is a form that can be prepared annually by current and prospective college students to determine their eligibility for student financial aid.
What is the FAFSA?
(Free Application for Federal Student Aid)
Payment based on amount of time (hours) worked.
What is hourly wage?
A degree that generally takes 2 years to earn.
What is an associate's degree?
This is the highest level of academic degree.
What is a doctorate?
This is a person employed for wages or salary, especially at non-executive levels.
What is an employee?
Money that is given or lent to students in order to help pay for their education.
What is Financial Aid?
The concept of putting aside a sum of money into savings each month before paying other bills. (PYF)
What is "Pay Yourself First"?
This is an amount of money that is given by a school, organization, etc., to a student based on the student’s merits or accomplishments.
What is a scholarship?
This is the test you must take before entering the military... Also known as the Armed Services Vocational Aptitude Battery.
What is the ASVAB?
This is a person who organizes and operates a business or businesses.
What is an entrepreneur?
Provides part-time jobs for college students with financial need, allowing them to earn money to help pay education expenses.
What is work-study?
A regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.
What is a pension?
A post-secondary school that includes many different schools—such as a college of nursing or college of business—it also has graduate students.
What is a university?
Students willing to commit to a school if accepted submit their application by a date well before the general admission deadline. If accepted, the student must enroll in that school.
What is Early Decision?
This reports an employee's annual wages and the amount of taxes withheld from his or her paycheck. Often, this comes from your employer at the beginning of the year. You need it to file your taxes.
What is a W-2?
This provides educational and other benefits for people who have served in the armed forces.
What is The GI Bill?
A number between 280-850, depending on the credit bureau. The higher the score the better your credit, and you can see some financial benefits from this such as better terms on loans.
What is credit score?
This is what ACT stands for.
What is American College Test?