Career
A paid career-training program where students learn on the job in addition to some classroom instruction
Apprenticeship
2 year college degree
Associate's Degree
a loan that does NOT accumulate interest until after graduation
subsidized loan
a yearly fee by some credit card companies
Annual fee
a credit card benefit that pays the cardholder a small percentage of their net expenses, often in cash
cash back
A student or trainee who works, sometimes without pay, in order to gain work experience in a particular field
Intern/Internship
4 year college degree
Bachelor's Degree
a loan that DOES accumulate interest once it is taken out
Unsubsidized loan
plastic cards used to make purchases on credit
credit card
someone who legally agrees to take responsibility for a person's debt if they cannot repay it
co-signer
The lowest wage per hour that a worker may be paid, as mandated by federal, and sometimes state, law
Minimum Wage
money that is lent to students in order to help pay for their education
FAFSA/Financial Aid
a type of financial aid that is given to students as a gift, rather than a loan, and does not need to be repaid.
Grant
plastic cards used to pay for purchases with funds you have in a bank account
debit cards
the smallest amount of a credit card bill that a credit card holder must pay
minimum payment
Payment that is automatically deposited into an employee’s bank account, rather than receiving a paper paycheck
Direct Deposit
a graduate degree that allows students to build advanced knowledge of a specialized body of theoretical and applied knowledge
master's degree
a document that is filled out every year of college in order to receive money from the government
FAFSA/Financial Aid
fee paid to a lender for use of money
interest
the total amount of money an employee earns BEFORE taxes are taken out
gross pay
A fixed amount that you are paid over a period of time, regardless of how many hours you work
Salary
a ceremony in which degrees or diplomas are conferred on graduating students
commencement
a grant or payment made to support a student's education, awarded on the basis of academic or other achievement
scholarship
the maximum amount that may be borrowed on a credit card
Credit limit
GNAP stands for..
Greeting, Name, Affiliation, and Purpose