CCT Unit 5 Exam Guide |100% Correct| Updated

CCT Unit 5 Exam Guide |100% Correct| Updated ___ means dependent upon. *Ans* Contingent ___ is extra money that is not required to meet your needs. *Ans* Discretionary income The ___ is the amount of money the federal government determines a family can pay toward a dependent's tuition. *Ans* EFC ___ occur repeatedly, but vary in amount from month to month. *Ans* Flexible expenses A ___ loan is where the interest is paid for by an outside source, such as the federal government. *Ans* Subsidized A ___ needs to be repaid and are given to you by the government or taken out personally. *Ans* Loan The ___ is the largest source of financial aid. *Ans* Federal Government The ___ is a free application that must be completed every year for a student to be considered for financial aid. *Ans* FAFSA To ___ means to put at risk of loss. *Ans* Jeopardize A ___ does not need to be repaid and is given to students with financial need. *Ans* Grant Costs that are the same each month are called ___ expenses. *Ans* Fixed A ___ program allows students to work during college to help with expenses. *Ans* Work-study To ___ means to put together into one. *Ans* Consolidate A ___ does not need to be repaid and can be awarded for academic ex