Financial Literacy Review Vocab

Front

Associate's degree:

Back

A 2-year degree from a community college, often used to pursue a bachelor's degree.

Front

Loan from a non-U.S. Government lender

Back

Student Loan

Front

Money awarded to students for educational achievement, no repayment required.

Back

Scholarship

Front

Money moved between accounts

Back

Transfer

Front

Fixed annual sum, possibly not tied to hours worked, paid regularly (e.g., monthly)

Back

Salary

Front

Money put into an account

Back

Deposit

Front

Report showing debt payment history

Back

Credit Report

Front

Degree earned from a 4-year college by completing undergraduate coursework in a specific field.

Back

Bachelor's

Front

Income equals expenses

Back

Balance

Front

2-year college degree

Back

Associates