FAFSA
This acronym stands for Free Application for Federal Student Aid
Free Application for Federal Student Aid
The standard standardized test most colleges require for admission
What is ACT or SAT?
Basic budgeting term meaning income before taxes and other deductions
What is gross income?
Basic monthly expenses a young adult must budget for
What is food/gas/car insurance/phone/etc.?
Difference between a trade school and a four-year college
What are specific skill focused classes? What is tuition? What is two years vs four years?
The earliest date you can submit a FAFSA for college financial aid
When is October 1st?
Typical minimum GPA most four-year colleges expect for admission
What is a 3.0?
Recommended percentage of income to save for emergencies
What is 10%?
Important legal documents to have when turning 18
What is a social security card?
The process of researching and identifying potential career options.
Career planning
This family financial document is required to complete the FAFSA
What is a tax return?
This type of college typically has the lowest overall cost for students.
Community college
The practice of putting money aside for future use or emergencies
Saving
Strategies for managing personal credit and avoiding debt
What is building an emergency fund and sticking to your budget?
A professional document that highlights your skills, experience, and qualifications
Resume
The maximum amount of money a dependent student can receive in federal grants per year
What is $7500?
Component typically required in a college application package
What is a high school transcript?
How to compare financial aid packages from multiple colleges
What is prioritizing free-aid, scholarships, and grants?
The process of establishing credit and maintaining a good financial reputation
Building credit
Explain the concept of transferable skills in career development
Skills that can be applied across different job types
Explain the difference between dependent and independent student status on the FAFSA.
Dependent requires parent information, independent does not
Strategies for creating a competitive college application profile
What is maximizing your strengths?
Long-term financial planning strategies for college and beyond
What is saving as much as possible and setting a budget?
The age when most legal adult responsibilities begin in the United States.
18 years old
The route you take to achieve your career goals
Career pathway