Financial Literacy and Career Readiness

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Apprenticeship

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A training program that combines classroom instruction with on the job learning.

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Audit Report

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Written opinion of an auditor regarding the validity of a business’ financial statements.

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Benefit Package

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Covers the full scope of services, pay, insurance, vacation time and other perks available to an employee from their employer.

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Cost of Living

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The level of prices relating to a range of everyday items.

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Cover Letter/Letter of Application

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A brief letter that you send along with a resume in order to introduce yourself to a potential employer.

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Certified Public Accountant (CPA)

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A member of an officially accredited professional body of accountants.

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Debt

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Something, typically money, that is owed or due.

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Deductions

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Subtracting something, payroll deductions are that which is withheld from employee’s pay; pension contributions, taxes, union dues, uniform dues, etc.

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Entrepreneurship

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Someone who sets up and operates a business.

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FAFSA

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The Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for Student Financial Aid.