College Planning

Which term refers to making decisions with purpose and direction?

• Intentionality

• Opportunity Cost

• Merit-Based Aid

• Application Window

Postsecondary education is best defined as:

• Any education after high school

• Only four-year college programs

• Training that happens during high school

• Military training only

Which option is a two-year institution offering associate degrees and certifications?

• Private College

• Public College

• Community College

• Trade School

A scholarship is:

• Borrowed money for education that must be repaid

• Education funding that doesn’t need repayment

• A program allowing part-time work while in school

• Aid based on family income

Which statement best describes a student loan?

• Aid based on achievements

• Borrowed money for education that must be repaid with interest

• Original amount borrowed before interest

• Paying for college without loans

What does the interest rate represent on a loan?

• The original amount borrowed

• The percentage charged on a loan over time

• The total repayment amount

• A postponed payment option

Which term refers to what you give up when choosing one option over another?

• Gap Year

• Opportunity Cost

• Cash Flow

• Deferred Payment

Which application is required to apply for federal student aid in the U.S.?

• CSS Profile

• FAFSA

• Common App

• Application Window

Which pathway focuses on hands-on training for specific careers?

• Trade School

• Gap Year

• Entrepreneurship

• Private College

Work-study allows students to:

• Avoid repaying loans

• Start their own business

• Hold part-time jobs while attending school

• Postpone tuition payments