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Duplicate of Financial Peace Chapter 5 T/F & Vocab Flashcards | StudBud
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Duplicate of Financial Peace Chapter 5 T/F & Vocab
Duplicate of Financial Peace Chapter 5 T/F & Vocab
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1
A professional trainer leads this using hands-on activitiesand classroom training
associate's degree
bachelor's degree
on-the-job training
worker's permit
2
A two-year college that offers an associateʹs degree
apprenticeship training
community college
on-the-job training
trade school
3
Free or low-cost; found online, at community colleges,or through government-funded programs
certifications
associate's degree
short-cut training
worthless classes
4
Our culture thinks student debt is normal and that itʹs an acceptable way to pay for college.
True
False
5
A four-year degree is necessary regardless of which career youʹre entering.
False
True
6
When shopping for education options, narrow down your choice of colleges to 10 schools.
False
True
7
Financial aid that does not need to be repaid; usually for students with financial need
scholarship
grant
loan
8
Academic & financial choices made in the next few years affect the next 40 years of your life
True
False
9
Youʹll only need to complete the FAFSA once during your college education.
False
True
10
Students learn skills in two years or less; cuts out general courses required by universities
entrepreneurship
trade school
self education
ownership training
11
The average millionaire reads one nonfiction book a month.
False
True
12
Form completed annually to determine a student’s eligibility for financial aid
Grant Request
FOS
FFAOS
FAFSA
13
If you first attend community college, youʹll want to make sure your credits will transfer.
True
False
14
You should shop for best price on education the way you comparison shop for any large purchase
True
False
15
The best quality colleges are always the most expensive.
True
False
16
A person who starts his or her own business
advisor
mentor
entrepreneur
moron
17
Financial aid that does not need to be repaid; often awarded for academic, athletic or other
scholarship
student aid
grant
loan
18
You must go to a prestigious school for employers to recognize your talents and strengths.
True
False
19
This allows students to work part-time while continuing their studies
Monster energy drinks
pizza delivery
overtime
work-study program