College Readiness Vocabulary

Money provided by a funding source after you complete application, it does not have to be paid back

• Loan

• Grant

• Scholarship

• Check

This is given for attending college classes. Most college classes are 3 hours, meaning their total meeting time for a week is 3 hours.

• Credit Hour

• Class Period

• GED

• Schedule

 Which of the following is NOT the financial choice you should make in the future for postsecondary financial planning.  

• opening a checking and savings account

• talk to counselors about how to repay student loans

• refusal of scholarships and financial aid during college

A student’s secondary field of study. It is not required to graduate.

• Major

• Minor

What does FAFSA stand for?

• Free Application for Faculty and Student Aid

• Faculty Approved Financial Student Aid

• Financial Aid for Federal Student Applicants

• Free Application for Federal Student Aid

A student’s concentrated field of study. It includes a required set of courses. Colleges typically ask students to declare this by the end of their sophomore year.

• Minor

• Major

A 3 hour college entrance exam which measures verbal and mathematical skills, as well as grammar and the ability to write a brief essay. Students may earn up to 2400 points.

• SAT

• ACT

A school that includes many different schools - such as a college of nursing and a college of business - and has graduate students as well.

• College

• University

• Trade School

An institution of higher learning that grants bachelor’s degrees in liberal arts or science or both.

• College

• Univesity

• Trade School

A 4 year undergraduate degree earned at a college or university

• Associate's Degree

• Bachelor's Degree

• Master's Degree

• Doctoral Degree