Loans
interest
What is the extra money you owe on the loan
HMO
What is a plan that uses in network doctors
Savings
What is a low-risk, but low-reward way to let your money grow
W-2
What is a form you get from your job for taxes
The difference between grants and scholarships
Principal
What is the loan amount
PPO
what uses whatever doctor you want
Stocks
What is a high-risk yet high-reward way to grow money
Federal refund
What is the money you get back from the government when paying too much in taxes
decides FAFSA amounts
What is needs and income
APY
What is Annual Percentage Yield
PPO
usually lower than inflation
What is the savings interest rate
What is an amount of your income you don't have to pay on taxes
EPC
What is Expected Parent Contributions?
compound vs simple interest
what increases more as the loan continues vs a flat rate
plan with referral
What is an HMO
No guarantee of gaining money
What are stocks
credit
What is an amount directly taken off what you owe in taxes
Subsidized vs unsubsidized
What loan pauses interest till after school, and doesn't?
simple interest formula
What is I=Prt
deductable
What is the amount you need to pay before insurance helps
What is keeping savings and diversifying
Aunts, Uncles, parents, grandparents
Who are people that can claim me as a dependant
Full ride
What are tuition, room, board, and all college expenses, big and small