Fill In The Blank
To get intentional, the first thing you need to do is_____
DREAM
What does the FAFSA stand for?
Free Application for Federal Student Aid
The percentage of the labor force that are jobless and looking for work
Unemployment rate
Financial Aid that does not need repaid, usually based on achievements and GPA
Scholarships
_________ percent of people who take out student loans think their debt will be forgiven eventually
44
76
87
34
44%
Many high schoolers get so caught up in the idea of the college experience that they don't think critically about
GPA
Job Requirements
Dream Jobs
Financial Futures
Financial Futures
You have to figure out what you're passionate about before you pay for college. True or False
TRUE, if you don't have the passion now you won't have the passion then. DO NOT FORCE YOURSELF TO SPEND MONEY ON AN EDUCATION YOU ARE NOT GOING TO WANT TO USE.
How to do a lot of people incorrectly prepare for college?
-------------
I would say that they do not think about the cost of living, food, supplies, and tuition all in one. College requires you to spend a lot of money and if getting an education is not going to benefit your ROI then maybe that route to your career goal is not the best route.
Always try to find ways to ___________ college costs.
REDUCE
What is Gift Aid?
any form of financial aid that does not get repaid ever!
This is an undergraduate degree, typically from college or university, usually completed in 4-5 years
Bachelor Degree
Financial Aid that does not need repaid, typically based on financial need
Grant
_____ percent of college graduates have student loan debt
50
65
73
49
49%
True or False
Student loans are a type of "good" debt.
FALSE
In state colleges are cheaper than out of state colleges, True or False
TRUE!
How can student loans affect you from investing in your future?
---------
I would say they effect your future because it effects your credit, and it will effect how much money you can put towards things like car, house, starting a family, etc.
Student loans you take out to pay for college are almost impossible to __________
Bankrupt
What is CLEP, and what does it do?
College Level Examination Program, assess your knowledge of a subject and could potentially get you out of certain college courses based on the specific knowledge you have.
Prerequisite
Education after you graduate high school in referred to as?
Post Secondary Education
The average score for an ACT is.......
The average score for a SAT is......
ACT- 20-24
SAT-1060-1260
You can fund your education by finding the right mix of _______, __________, and ___________
Grants, Scholarships, and Work
Scholarships should be applied to like a part time job, why?
You don't have to pay them back!
How can you lower you cost of college?
-------
Attending a community college first, scholarships, federal grants, local grants, need based assistance, savings plans, college courses in high school, etc.
Someone who wants to be a welder should go to a__________
Trade School
What is ROI, and why is it relevant to college?
Return on Investment, to measure the gain or loss of your college investment of money
A 2-3 degree pathway.. can be used as a prerequisite to undergraduate college
Associates Degree
An alternative to universities that could save you a lot of money
Community College
Median earnings for a bachelor's degree is....
$40,000-70,000
Since federal funding is often awarded on a first-come, first-served basis, you'll be more likely to get financial help by filling out your FAFSA as soon as possible. True or False
TRUE
What is the fourth foundation?
Pay cash for college!
What are non-college option for post secondary education?
---------
I would say on the job training, military, entering the workforce, vocational schools, starting a business, trade schools,
The correct path for college depends on financials, personal career goals, and _____________
Educational Requirements
Completion Rate is.....
the percentage of students who finish the program they began
debt payments are help off for or until a certain time but interest continues to accrue
Forbearance
the total cost of education expenses needed to attend a college or post secondary program
Net Price
Average amount go time it takes to repay student loan debt
20 years
Many service industries, including massage therapy, financial services, auto repair, electrical work, cosmetology, and plumbing, don't require four-year degrees. TRUE OR FALSE
TRUE
To decide if you are passionate about something, consider doing what before you commit to that study?
Volunteering in that field, training for that job, getting a job in the same field but lower level, talk to people with that job about what they do.
Why is it important to think about college now, what do you need to consider before your senior year, and what education is right for you at this moment.
Student should answer:
Importance: Important to think now to define passion and get an idea to save money and start applying for aid
Considering: I need to consider: jobs, passions, financials, colleges, programs, etc.
Education: I am looking at _______ because of ___________