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Chapter 8 Study Guide

 Chapter 8 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 8 


Why is budgeting in college important?





What are the 9 points mentioned to create a budget for college?













What are the 6 additional tips for budgeting for college?











What is financial aid?








What are the 3 mentioned types of financial aid?






What does FAFSA stand for?





What’s a student loan?







What are the 2 mentioned types of student loans?






What are the benefits of federal student loans?








Fill in the blank

Understanding the repayment conditions, loan specifics,









There are 4  “Various financing methods are available for higher education -”





What are the 6 points mentioned on Student loans?










What is a Grant?







Who can you receive a scholarship from?







What is a work-study program?







What are the 8 mentioned steps to building a strong financial future after college?









Which idea stands out the most to you out of the 15 ideas listed for after graduation?







Fill in the blank

Preparing for retirement requires 









What are the 8 mentioned points to consider for retirement planning?












What are the 5 stages of retirement planning?








What are the 10 steps to building an emergency fund?









Why is continuing your financial education important?







What are the 5 mentioned benefits of continuous financial education?








There are 3 financial books listed, which one are you going to read first?






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