Unit 1 - Planning for your Future

College savings plan set up by individual states to help save for future education costs

• 529 plan (EdVest)

• 401k

• Pell Grant

• Institutional Aid

Type of loan that allows parent's to borrow money for their children's education

• PLUS Loan

• Perkins Loan

• Dennys Loan

• Pell Loan

A commitment to work in a field that you find interesting and fulfilling

• Aptitiude

• Job

• Career

• Interview

Everything in your life that involves money

• Goals

• Opportunity Cost

• Values

• Personal Finance

Position where a person receives training in a certain field by working with experienced people.

• Pell Grant

• FAFSA

• Internship

• Interview

Program where students earn money toward tuition by working part time for a college.

• Pell Grant

• Perkins Loan

• FAFSA

• Work Study

Application that is required for all federal financial aid

• SAR

• EFC

• FAFSA

• 1040EZ

One or two page summary of your education, training, experience and qualifications for a job

• Resume

• Cover Letter

• Interview

• References

Type of college degree that usually takes 3-7 years to complete (most often 4)

• Master's Degree

• Bachelor's Degree

• Associate's Degree

• PHD

The things you want to accomplish in life

• Needs

• Opportunity Cost

• Values

• Goals