Unit 5: Income & Education

When do you receive the Student Aid Report?

• before you complete FAFSA

• after you have attended a 2 year university

• after you have completed FAFSA

• during your senior year of college

Skills and knowledge of the employee that will benefit the business refers to ________

• accreditation

• apprenticeship

• certification

• human capital

T/F: Your choice of career path will affect how much income you earn, how much education you need to obtain, and how much you'll need to pay for your education.

• True

• False

T/F: Though education is costly, it is usually an excellent investment that pays off in a higher income for decades.

• True

• False

Individual who develops the technical skills needed to work in technology jobs through nontraditional education paths

• white collar

• blue collar

• new collar

Workers who engage in manual labor, agriculture, manufacturing, construction, mining, maintenance

• white collar

• blue collar

• new collar

Free money; Designed to assist students from low-income households; Does not have to be repaid

• Financial Aid Package

• Pell Grants

• Work Study

• Direct subsidized loans

• Direct Unsubsidized loans

Provides part-time jobs for undergraduate and graduate students with financial need; The funds you earn are not applied directly to your tuition, so it’s up to you to pay the right people!

• Financial Aid Package

• Pell Grants

• Work Study

• Direct subsidized loans

• Direct Unsubsidized loans

The total amount of financial aid (federal and non-federal) a student is offered by a college or career school

• Financial Aid Package

• Pell Grants

• Work Study

• Direct subsidized loans

• Direct Unsubsidized loans

an official document or record stating that a person has met some standard for training or knowledge​

• certification
• resume

• cover letter