PFL Unit 3 Review Sheet: Post-Secondary Options and Earnings

What is On The Job Training?

• A method where employees learn skills and knowledge by performing their actual job duties in the workplace, often under the guidance of experienced colleagues or trainers.

• A training program conducted entirely online with no practical component.

• A classroom-based training session with no hands-on experience.

• A self-study course completed at home without supervision.

What is an Apprenticeship?

• A program that combines paid, on-the-job training with related classroom instruction, preparing you for a skilled career while earning wages and a nationally recognized credential.

• A short-term volunteer opportunity with no pay or certification.

• A purely academic course with no practical experience.

• A self-study program with no interaction with professionals.

What is Military Training?

• Training provided by the military to prepare individuals for service and specialized roles within the armed forces.

• A type of physical exercise done in schools.

• A cooking class for soldiers.

• A recreational activity for civilians.

What is a Technical College?

• A post-secondary institution that offers training and education in technical and vocational fields.

• A primary school for young children.

• A university that only offers arts degrees.

• A research institute for advanced scientific studies.

What is a Community College?

• A post-secondary institution that offers two-year associate degrees, certificates, and transfer programs to four-year universities.

• A private institution that only offers doctoral degrees.

• A vocational school that only provides short-term job training.

• A high school for students aged 14-18.

What is a University?

• A higher education institution that offers undergraduate and graduate degrees in a variety of fields.

• A place where only primary education is provided.

• A type of hospital for medical treatment.

• A government office for issuing licenses.

What is Financial Aid?

• Money provided to students to help pay for their education expenses.

• A type of loan that must be repaid immediately after graduation.

• A scholarship only for sports achievements.

• A fee charged by universities for late registration.

What is EFC?

• Expected Family Contribution, a measure of your family's financial strength used to determine eligibility for financial aid.

• Estimated Federal Cost, the total amount the government spends on education.

• Educational Funding Certificate, a document required for student loans.

• Emergency Financial Credit, a short-term loan for students in crisis.

What is Financial Need?

• The difference between the cost of attendance at a school and your Expected Family Contribution (EFC).

• The total amount of money a student borrows for college.

• The amount of scholarship money awarded to a student.

• The tuition fees charged by a college.

What are Scholarships?

• Financial awards given to students based on academic or other achievements to help pay for education expenses.

• Loans that must be repaid after graduation.

• Fees charged by universities for using their facilities.

• Part-time jobs offered by colleges to students.