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Financial Literacy Vocab Flashcards | StudBud
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Financial Literacy Vocab
Financial Literacy Vocab
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Review of Flocabulary Lessons - Paying for College and Student Loans
Flashcards
17 cards
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Practice quiz
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Questions
17
Answers
1
Which word means an amount of money that is given to someone to be used for a specific purpose?
Grant
Credit
Tuition
Loan
2
Which word means a title given to a student after finishing a program of study at a college or university?
Degree
Statement
Default
Scholarship
3
Which word means something that is owed or must be paid back, especially money?
Interest
Payment
Debt
Statement
4
Which word means done or performed quickly; at once?
Payment
Prompt
Default
Minimum
5
Which word means the lowest or smallest possible amount?
Debt
Default
Statement
Minimum
6
Which word means a failure to act, especially when paying back money that is legally owed?
Interest
Prompt
Default
Tuition
7
Which word means the money a person pays to be taught at a college or private school?
Interest
Tuition
Degree
Scholarship
8
Which word means money that is given or lent to college students to help their pay bills?
Loan
Tuition
Financial AId
Interest
9
Which word means a report of a personal account with a bank that shows the amount in the account or the amount owed?
Default
Statement
Credit
Prompt
10
Which word means an amount of money that is put in a bank on which interest is paid?
Principal
Default
Deadline
Statement
11
Which word means a unit that measures progress in school?
Scholarship
Credit
Degree
Interest
12
Which word means money or something that is borrowed and must be given back after a period of time?
Loan
Grant
Payment
Credit
13
Which word means the time by which something must be completed or turned in?
Payment
Loan
Deadline
Statement
14
Which word means an amount of money given to a person or organization because in order to pay for something?
Loan
Prompt
Payment
Credit
15
What word means to plan the spending of money or time?
Prompt
Loan
Financial Aid
Budget
16
Which word means money to help a student pay for their education?
Payment
Scholarship
Degree
Loan
17
Which word means money that is paid for borrowing someone else's money?
Loan
Debt
Payment
Interest