Book 2 Chapter 2

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Across
  1. 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.
  2. 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.
  3. 7. The price to attend college for a year including tuition, room and board, books and fees.
  4. 10. Grant of scholarship, loan, or paid employment offered to help a student meet his/her college expenses.
  5. 11. A program that provides students with part-time jobs while in school in order to subsidize the cost of education.
  6. 12. The amount one must pay for educational instruction.
  7. 18. Federal loans for parents of undergraduate students to help pay for college or trade school.
  8. 19. A standardized achievement examination for college admissions.
  9. 20. A standardized achievement examination for college admissions.
  10. 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.
  11. 23. An award of financial aid for a student to further their education, often based on merit such as academic achievement or athletic skill.
  12. 24. Loan offered to students which is used to pay education-related expenses including college tuition, room and board, or textbooks.
  13. 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. 1. The amount of money that a student's family is expected to contribute to college costs for one year.
  2. 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. 3. A common name for federal student loans, especially subsidized student loans.
  4. 6. Need-based grants awarded to low-income undergraduate students to finance the costs of post-secondary education.
  5. 8. Loan arrangement in which the borrower is allowed to start making payments at some specified time in the future.
  6. 9. A college loan usually taken by students who do not meet financial need standards and still need to fund their post-secondary education.
  7. 13. The percentage you pay on the money you have borrowed, or the percentage you earn on an investment.
  8. 14. A college savings plan where the funds can be withdrawn tax-free when they are used for educational purposes.
  9. 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.
  10. 16. An education savings plan that offers tax advantages.
  11. 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.
  12. 21. Time in which a debt may be paid without accruing further interest or penalty.