College Terms Review

What is the definition of scholarships?

• Merit-based money that does not need to be repaid

• Need-based money that does not need to be repaid

• A loan given out by the federal government that does not accumulate interest until after you graduate

• A loan given out by the federal government that begins to accumulate interest while you are in school

What is the definition of grants?

• Merit-based money that does not need to be repaid

• Need-based money that does not need to be repaid

• A loan given out by the federal government that does not accumulate interest until after you graduate

• A loan given out by the federal government that begins to accumulate interest while you are in school

What is the definition of Federal Subsidized Loan?

• Merit based money that does not need to be repaid

• Need based money that does not need to be repaid

• A loan given out by the federal government that does not accumulate interest until after you graduate

• A loan given out by the federal government that begins to accumulate interest while you are in school

What is the definition of Federal Unsubsidized Loan?

• Merit based money that does not need to be repaid

• Need based money that does not need to be repaid

• A loan given out by the federal government that does not accumulate interest until after you graduate

• A loan given out by the federal government that begins to accumulate interest the day you take the loan out

What is the definition of prerequisite?

• A class you need to take before you can take another class

• Receives no federal or state funding

• Receives federal and state funding

• A school that you do not yet meet the entrance requirements of typically accepted students

What is the definition of private institution?

• A class you need to take before you can take another class

• A school that does not receive federal or state funding

• A school that receives federal and/or state money

• A school that you do not yet meet the entrance requirements of typically accepted students

What is the definition of public institution?

• A class you need to take before you can take another class

• A school that does not receive federal or state funding

• A school that receives federal and/or state funding

• A school that you do not yet meet the entrance requirements of typically accepted students

What is the definition of reach school?

• A class you need to take before you can take another class

• Receives no federal or state funding

• Receives federal and state funding

• A school that you do not yet meet the entrance requirements of typically accepted students

What is the definition of safety school?

• A class you need to take before you can take another class

• Receives no federal or state funding

• A school that you already meet the entrance criteria of typically accepted students

• A school that you do not yet meet the entrance requirements of typically accepted students

What is the definition of placement test?

• The exam that indicates with level of college courses you can take

• Your academic record of your grades

• Aid awarded based on skill

• Aid awarded based on financial need