Show me the money!
FAFSA stands for this.
Free application for federal student aid.
Colleges & universities are also known as this.
Higher education.
Undergraduate degrees take an average of 6 years to complete.
False. - 4 years.
When you fill out FAFSA, you are applying for these types of financial aid.
loans, grants, and work study.
This is a permanent record of all the classes you take and the grades you earn while in high school or college.
Transcript.
Credit Cards allow you to charge and pay later while debit cards are like gift cards.
False. Debit cards are not like gift cards.
This percentage is how many 4-year college graduates have student loan debt.
70%.
These types of courses include Math, Science, SS, English, & History.
Core.
It is recommended to put 10% of your income away in savings every month.
True.
Education is mostly funded through this.
Scholarships.
This type of degree is the highest degree offered by colleges and universities and can take 5+ years after a bachelor's/master's degree.
Doctorate Degree.
Letters of recommendation should be requested 2 weeks in advance.
True.
Financial aid can come from the following.
college you attend, state, private organization (bank) and non-profit (church)
The main difference between a subsidized loan and an unsubsidized loan is this.
Subsidized - will not accrue interest until you graduate while unsubsidized loans start accruing interest from the time the loan is taken out and you must reapply annually.
Federal pell grants are only awarded to graduate students.
False - only awarded to undergraduate students.