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PCS Personal Fin
Personal Finance Key Terms Ch. 5
Term | Definition |
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Free Application for Federal Student Aid (FAFSA) | a form that is completed annually by current and prospective college students to determine their eligibility for financial aid |
grant | a form of federal or state financial aid that does not need to be repaid; usually give to students who demonstrate financial need |
scholarship | a form of financial aid that does not need to be repaid; usually awarded on the basis of academic, athletic or other achievements |
work study | a program that allows students to work part time while continuing their students |