College & Financial Aid Vocabulary UPDATED ACTUAL Questions and CORRECT Answers
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Course
College & Financial Aid
Institution
College & Financial Aid
College & Financial Aid Vocabulary
UPDATED ACTUAL Questions and
CORRECT Answers
FAFSA (Free Application for Federal Student Aid) - CORRECT ANSWER- A form that
is completed annually by current and prospective college students to determine their
eligibility for financial aid
Associate's Degr...
College & Financial Aid Vocabulary
UPDATED ACTUAL Questions and
CORRECT Answers
FAFSA (Free Application for Federal Student Aid) - CORRECT ANSWER- ✔✔A form that
is completed annually by current and prospective college students to determine their
eligibility for financial aid
Associate's Degree - CORRECT ANSWER- ✔✔A degree that generally takes two years of
study and is awarded by a community, junior, or business college.
grant - CORRECT ANSWER- ✔✔a financial award given, based on need, by a government
agency to a private individual or group in order to carry out a specific task
reference - CORRECT ANSWER- ✔✔An individual that serves as the point of contact for
colleges seeking to verify or ask questions about a potential students's background or work
ethic.
College Credit - CORRECT ANSWER- ✔✔Each course has a certain number of credits
attached to it, which you earn when you pass the course. Each college requires students to
earn a specific number of credits to graduate.
College hours - CORRECT ANSWER- ✔✔a. The term used to denote the amount of credit
one receives upon successful completion of a class or course
b. A reference for how long a student will spend in the classroom each week
master's degree - CORRECT ANSWER- ✔✔An advanced 2-year program completed after
attainment of a bachelor's degree.
advisor - CORRECT ANSWER- ✔✔a person who helps college students make decisions
about their academic programs and which classes to take to complete their degree.
, scholarship - CORRECT ANSWER- ✔✔A form of financial aid that does not need to be
repaid; usually awarded on the basis of academic, athletic or other achievements
Accreditation - CORRECT ANSWER- ✔✔process by which an educational program is
evaluated and then recognized as having met certain predetermined standards of education
Major - CORRECT ANSWER- ✔✔the program of study that you are following in a college
to complete a specific degree
Minor - CORRECT ANSWER- ✔✔a secondary academic discipline-another subject to focus
on in addition to the major
Loan - CORRECT ANSWER- ✔✔Money borrowed to pay for education. This money must
be paid back. The best loans have deferred interest. That means interest does not start
building until the education period is complete.
Bachelor's Degree - CORRECT ANSWER- ✔✔An academic degree which usually takes four
years to earn and is awarded by a college or university.
Doctorate's Degree - CORRECT ANSWER- ✔✔One of the highest earned academic degrees
conferred by a university; usually taking 4 years to complete after a master's degree is
obtained; a PhD is a doctor of philosophy, whereas an MD is a doctor of medicine.
college transcript - CORRECT ANSWER- ✔✔documentation of a student's permanent
academic. record, which usually means all courses taken, all grades received, all honors
received, and degrees conferred to a student.
American College Test (ACT) - CORRECT ANSWER- ✔✔a standardized test used for
college admissions in the United States; test covers four academic skill areas: English,
mathematics, reading, and science reasoning and an optional direct writing test; It is accepted
by all four-year colleges and universities in the United States as well as more than 225
universities outside of the U.S; The main four test sections are individually scored on a scale
of 1-36.
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