Campus Financing
Financial terms
Method of transferring money
Real world
Student loans
100

What is the name of the building where the Bursar is located?

What is Lincoln Hall

100

This is the term for the amount of money you owe to others, often from credit cards, loans, or mortgages.

What is debt

100

This is a physical form of money issued by the government and can be used for transactions, but can also be deposited into a bank account or cashed at a check-cashing store.

What is a check

100

This term refers to the total amount of money you earn from working, usually calculated on an hourly, weekly, or yearly basis.

What is an income

100

This is the federal form used to apply for financial aid, which includes student loans, grants, and scholarships.

What is Fafsa

200

This financial aid is awarded based on academic performance, typically a grant that does not need to be repaid.

What is a Scholarship

200

This type of financial market allows investors to buy and sell stocks and bonds.

What is Stock market

200

This term refers to the process where you electronically deposit a paycheck directly into your bank account, bypassing the need for a physical check.

What is direct deposit

200

This is a type of insurance that helps cover the costs of medical expenses and care.

What is health insurance

200

How long of a grace period is given after graduation before your required to pay your student loans back

6 months

300

What department do you go to in order to add money to your flex card

What is the bursars office

300

This term refers to a specific type of loan used to buy a home, where the home itself serves as collateral.

What is a mortgage

300

This is a service for sending and receiving money between individuals, using either a phone number or email address, and is widely used for splitting bills or paying for services.

What is cash app

300

This is a type of insurance that helps cover the costs of medical expenses and care.

What is health insurance

300

This is the percentage charged on your student loan balance, which increases the total amount you owe over time.

What is interest rate?

400

This is the amount paid by students each semester for student activities and services, often managed by the SGA.

What is the student activity fee

400

This is the tax form employees receive that reports their annual wages and the taxes withheld from their paycheck.

What is a W-2 form

400

This document is sent by a seller to a buyer, itemizing the goods or services provided, along with the amount due for payment.

What is an invoice

400

The legal process in which individuals or businesses declare they cannot repay their debts.

What is bankruptcy

400

This type of federal student loan is based on your financial need, and the government pays the interest while you're in school.

What is a subsidized loan

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