Final Review Flashcards spring 2025

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Schools considered to be educational nonprofit organizations, receiving the majority of their funding through tuition, donations, and endowments.

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Private colleges or universities

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Short-term schools which tend to focus on specific topics or careers.

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Vocational or technical schools

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Colleges or universities which are mainly funded by state government.

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Public colleges or universities

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Two-year colleges which award associate degrees and allow the students the option to transfer to a private or public university.

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Community colleges

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Types of higher education institutions include Private Universities, Vocational and Trade schools, Community Colleges, and Public Universities.

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Correct answers: Private Universities, Vocational and Trade schools, Public Universities, Community Colleges

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Federal Pell Grants are awarded only to undergraduate students and do not have to be repaid.

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Federal Pell Grants

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A doctoral degree falls under the graduate degree level.

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Graduate degree

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Day-to-day or personal expenses students may have include car loan payments and cell phone bills.

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Personal expenses for students.

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Vocational and Trade Schools focus on specific topics or careers and help prepare students for the workplace by earning diplomas, certificates, or licenses.

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Vocational education prepares students for specific careers.

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After earning a bachelor's degree, a master's degree typically requires one to two additional years of education.

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Master's degree education duration.