$chooled
Money and Me
Alternative$
Mottos and Mascots
You "Interested?"
100
The TERM used to describe the total cost of class registration and participation.
TUITION
100
You typically earn this type of college financial aid based on your academic performance, learning, or class experience.
SCHOLARSHIP
100
TRUE OR FALSE: Trade school is ALWAYS a cheaper option than college.
FALSE: The average cost of trade school is $16,000/ year. In-state tuition costs around $12,000/year.
100
I am named Victor E. Bull. I have been the mascot of this university for nearly 30 years.
The State University at Buffalo
100
If I take out a $25,000 loan at a 10% interest rate, how much money do I owe after one interest cycle?
$27,500 ($25,000+$2500=$27,500)
200
The term used to describe a college or university that will VERY LIKELY accept you based on your grades, test scores, personal statement, etc.
A SAFETY SCHOOL
200
What does FAFSA stand for?
Free Application for Federal Student Aid
200
TRUE or FALSE: Over the course of their working years, someone with a 4-year College Degree will earn between $1.1 and $1.2 million dollars MORE than someone with a High School Diploma alone.
TRUE
200
No, I am not the mascot for the Arizona Cardinals. I represent this local university. And, despite the name of my school, we are not a religious institution.
St. John Fisher
200
Neither of my parents completed a four-year college degree. My older sister has a Bachelor's degree.
TRUE or FALSE: I am NOT considered a FIRST GEN student.
FALSE
300
Don't get caught in the rain! This college expense can often cost nearly as much as fees to attend class.
HOUSING
300
What is the KEY difference between SUBSIDIZED and UNSUBSIDIZED loans?
INTEREST: You begin paying off SUBSIDIZED loans upon college graduation. UNSUBSIDIZED loans gather interest while you are still completing a college degree.
300
TRUE OR FALSE: With a two-year degree, aka an ASSOCIATES, you would earn about 30% less money on average than with a 4-year BACHELOR'S degree.
TRUE
300
What is my name?
"Rocky" the Yellowjacket
300
Some students receive money for school based on their family's financial situation. What do we call these type of grants? (i.e. TAP, PELL)
NEED-BASED Grants
400
Occasionally your financial aid offer will include an option for you to have a campus job. What is this type of financial aid called?
WORK STUDY
400
Many people do not know you can simply write and send a letter to ask for more money from a college or university. What is this process called?
Financial Aid APPEAL
400
TRUE or FALSE: The average income of a COSMETOLOGIST is roughly half of the national average income.
TRUE ($33K v 62K)
400
Like the University of Rochester, Harvard also has a Latin motto, "VERITAS." What does this word translate to in English?
TRUTH
400
This type of school loan is unique because it holds your parent or guardian responsible for repayment.
A PARENT PLUS LOAN
500
What are two advantages to FEDERAL loans versus PRIVATE loans?
Federal loans are eligible for 1) Income-based repayment, AND 2) forgiveness after 120 payments while working for a public service institution.
500
This local organization is a "one-stop shop" for applying to 100s of college scholarships. Seniors, MAKE A profile on their website!!
THE RACF (Rochester Area Community Foundation)
500
TRUE or FALSE: It takes roughly the same amount of time to earn a BACHELORS degree as it does to become a licensed PLUMBER or ELECTRICIAN.
TRUE: Actually, becoming a licensed trade worker often takes five (5) years.
500
I am named Handsome Dan, and I have served as the inspiration for this ivy league school's mascot for well over a century.
YALE University
500
How is my INTEREST affected if I make a payment to the "PRINCIPLE" amount of my loan?
Your interest is lower because your principle amount owed is lower.