Across
- 4. must take charge of your finances-some items you will need to be aware of: travel, eating out, entertainment, clothing, phone bills, laundry, toiletries.
- 5. will probably need one unless your school has excellent access to one. Printer may be able to be used in library.
- 6. are one way to help finance education.
- 7. good food cash, found everywhere, must keep track of withdraws and some banks charge hefty fees.
- 10. Advantage- taken everywhere, spend it and it is gone, no chance to overspend. Disadvantages- should not carry a huge amount, could be stolen, not sure how much to withdraw.
- 12. Advantage- easy, usually accepted may be hard to get credit. Disadvantage- can over spend, charged interest.
- 15. What are terms of loans?How much will you owe at the end?What kind of monthly payments after graduating?What is the interest rate?
- 16. Check the ____ for some small part time jobs- like dog walking or small administration jobs at the college
- 17. are based on need. Based on the cost of your education which includes your scholarships, work study award and your expected family contributions. The government will pay the interest while you are in school. This is the “better” of the two federal loans.
- 19. is the largest source of grants( you do not have to pay back)
Down
- 1. will the major you choose reap the benefits of the loan? Will the job you choose enable you to pay it back? Which salary will be able to pay it back easier?
- 2. Advantage- easier to handle and usually accepted Disadvantage- need to keep track of your purchases-could overspend.
- 3. federal low interest loans demonstrated financial need. You must go through an “interview” to learn about your rights and responsibilities.
- 5. some universities to not allow car on campus, charge a parking feem ect. Cheaper versus convenience to have a car. Is public transportation available?
- 8. are not based on need (need blind), the negative side of this is that the interest on the loan is accrued during all of your time in college so it will cost you more.
- 9. Leadership development awards- chamber of commerce, corporations, community groups.ROTC-armed services grant but must complete military service.Work Study Aid- working on campus to help pay for tuition.Church groups- based on religious membership, etc.Academic Scholarships— based on grades, test scores.Special field scholarships- based on major-May require an essay to apply.sports scholarship- few granted to talented student.Other interest scholarships- drama, speech, ect for extracurricular.
- 11. Can establish credit history. Easy to use. Some cards offer “rewards' ' for using them - credits, points, travel mileage etc.
- 13. Charge very high interest if you don’t pay off monthly.Harder to keep track of what you have spent
- 14. every student should fill out a _____ early in the calendar year of the year you will graduate (usually by march 1)
- 18. to overspend.Can get you in trouble for years if you don’t pay off monthly.