Unit 4 Vocabulary Review

What is an Associate's degree?

• A degree granted after a four-year course of study

• A degree granted after a two-year course of study

• A postgraduate degree

• A professional certification.

An Award letter is a document outlining the amount of money a student receives through loans, grants, and scholarships to attend college. True or False?

• True

• False

A Bachelor's degree is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting ____.

• Two years

• Four years

• Six years

• Eight years

The ​ ​ (a)   is the most common degree at the highest academic level, awarded following a course of study and research.

• Doctor of Philosophy (PhD)
• Juris Doctor (JD)
• Medical Doctor (MD)
• Masters of Science (MS)
• Master of Arts (MA
• Associate's Degree

FAFSA stands for:

• A) Federal Application for Student Aid

• B) Free Application for Federal Student Aid

• C) Financial Aid for Students Free Application

• D) Federal Aid for Free Student Enrollment

A Master's degree is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice. True or False?

• True

• False

Salary is pay based on:

• Hourly wages

• Daily wages

• Yearly wages

• Monthly stipends

What is the definition of 'Student Loans'?

• Money given as a gift for education

• Money borrowed to pay for college, often repaid with interest

• A penalty imposed by the IRS

• The cost of attending college, paid for with personal or family money

What does 'Tax Withholding' refer to?

• The amount of federal income tax withheld from your regular paycheck

• The cost of attending college classes

• The amount of federal income tax a worker must pay each year after filing a Form 1040

• A form used by U.S. taxpayers.

Fill in the blank: 'Tuition' is the ______ of attending college classes.

• Reward

• Cost

• Penalty

• Gift