Book 2 Chapter 2
Across
- 4. A loan on which the government pays the interest while the student is enrolled in a qualified college/university, essentially erasing the interest that would have been added to the loan during the time of study.
- 5. State program in which families can purchase tuition credits at their present price and use the credits in the future, when tuition costs will have most likely increased.
- 7. The price to attend college for a year including tuition, room and board, books and fees.
- 10. Grant of scholarship, loan, or paid employment offered to help a student meet his/her college expenses.
- 11. A program that provides students with part-time jobs while in school in order to subsidize the cost of education.
- 12. The amount one must pay for educational instruction.
- 18. Federal loans for parents of undergraduate students to help pay for college or trade school.
- 19. A standardized achievement examination for college admissions.
- 20. A standardized achievement examination for college admissions.
- 22. A college-based program for training commissioned officers of the US armed forces by providing competitive, merit-based scholarships for tuition in return for an obligation of active military service after graduation.
- 23. An award of financial aid for a student to further their education, often based on merit such as academic achievement or athletic skill.
- 24. Loan offered to students which is used to pay education-related expenses including college tuition, room and board, or textbooks.
- 25. Money for post-secondary education that does not have to be repaid and is awarded to eligible students based on financial need.
Down
- 1. The amount of money that a student's family is expected to contribute to college costs for one year.
- 2. Monetary award given by the federal, state, or local government to an eligible student for educational expenses and without the expectation of repayment.
- 3. A common name for federal student loans, especially subsidized student loans.
- 6. Need-based grants awarded to low-income undergraduate students to finance the costs of post-secondary education.
- 8. Loan arrangement in which the borrower is allowed to start making payments at some specified time in the future.
- 9. A college loan usually taken by students who do not meet financial need standards and still need to fund their post-secondary education.
- 13. The percentage you pay on the money you have borrowed, or the percentage you earn on an investment.
- 14. A college savings plan where the funds can be withdrawn tax-free when they are used for educational purposes.
- 15. Free application for Federal Student Aid, a form that must be completed in order to qualify for any type of governmental financial aid for higher education.
- 16. An education savings plan that offers tax advantages.
- 17. Government program designed to make college accessible for all responsible students, these are typically grants offered by states once all other financial aid options are exhausted.
- 21. Time in which a debt may be paid without accruing further interest or penalty.