College Planning
What should you think about instead of just the college experience?
Financial Future
FAFSA is required to receive this.
Financial Aid
Financial aid that doesn’t have to be repaid.
Gift Aid
Private student loans usually have higher ___ rates than federal ones.
Interest
The first thing you should do to get intentional about your future.
Dream
Before applying to schools, ask “Do I need this ___ for my ___?”
Degree; Career
These loans are made by banks or credit unions with variable interest.
Private Loans
A form of aid awarded for academic excellence.
Scholarship
Payments held off temporarily with no interest accruing are called this.
Deferred
A two-year degree offering lower costs and flexible schedules.
Associate Degree
What’s a better question to ask than “Where do I want to go to college?”
Career
These federal loans are based on financial need and don’t accrue interest right away.
Subsidized Loans
Aid based on financial need that usually doesn’t need repayment.
Grant
Payments delayed but interest continues to accrue.
Forbearance
The Fourth Foundation from Dave Ramsey’s steps.
Pay Cash for College
You can save money by spending the first two years at this type of school.
Community College
This letter details a college’s attendance costs and aid package.
A document showing whether you’re eligible for federal aid.Student Aid Report
Financial Aid Award Letter
What should you get good grades and test scores to qualify for?
Scholarship
What causes students to pay more than they originally borrowed?
Interest
Most employers care more about your education than what?
College Name
What is the average student loan payoff time?
2o Years
A document showing whether you’re eligible for federal aid.
Student Aid Report
500When applying for scholarships, consider both ___ and ___.
Range; intensity
500The average U.S. student graduates with this amount of loan debt.
$35,000
500The measure of how much you gain or lose from your investment.
ROI (Return on Investment)