Interest
Basic Banking
Paying for College
Budgeting
Credit
100

APR

Annual Percentage Rate

100

This type of account is used for the majority of transactions and generally have very low or zero interest.

Checking Account

100

A program that provides part-time jobs to students with financial need, helping them earn money and pay for their college expenses.

Federal Work-Study

100

The dollar amount of something you are buying

Price

100

300 - 850

Credit Score

200
The cost of borrowing money 

Interest

200

A service offered by banks that allows transactions to be processed even when you do not have enough money in your account to cover the expenses.

Overdraft Protection

200

Money given to you by the government or private organization and is not required to be paid back.

Grant

200

Trying to get the most value from each purchase, not just the lowest price

Frugal

200

A flexible, pre-approved loan from which you can draw funds as needed up to a certain limit, similar to a credit card but often with lower interest rates; revolving credit

Line of Credit

300

The original amount of money loaned

Principal

300

A savings account with a higher interest rate that requires you to leave your money in the account for a specified period of time.

Certificate of Deposit

300

The application that will determine whether or not you are going to receive aid to pay for college and how much you will receive.

FAFSA

300

This concept considers how much benefit the purchase is going to bring you as well as what else the money you are spending could be used for.

Value

300
Shows you your history of borrowing money and whether or not you paid your debts on time.

Credit Report

400
When you are getting paid interest on not only the initial amount of money you stated with but also on the interest you have already earned.  
Compound Interest
400

A type of financial institution that is not-for-profit, is owned by the members and and typically catered to certain professions

Credit Union

400

The total cost of attendance including tuition, fees, books, room and board and other expenses.

Cost of Attendance

400

A popular budgeting strategy that divides your take home pay into three categories.

50/30/20 Rule

400

The maximum amount of credit your lender is going to allow you to use.

Credit Limit

500
As you make payments, when more of your money goes toward the principal and less toward the interest.

Amortization 

500

This government agency provides insurance against bank failure up to $250,000.

FDIC 

500

A loan offered by the federal government to undergraduate and graduate students who demonstrate a need for financial aid.

Direct Subsidized Loan

500

A savings account that is established with three to six months worth of living expenses in it.

Emergency Fund

500

The time between the end of your billing cycle and the due date of the bill.

Grace Period

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