Day 36

Learning Objectives

  • Understand the long-term impact of student loans.
  • Identify reasons for not taking on debt to fund your education
  • Develop a plan to attend college without acquiring debt.
  • Demonstrate how to apply for financial aid.
  • Identify the educational requirements, training, and cost for your career of choice.
  • Analyze post-high school education and career training options.

Assignment 5.S.1

  1. Read each of these statements and mark whether you agree or disagree.

Assignment 5.S.2

  1. Create a new Google Document in your Chapter 5 folder.  Title the document Securing Financial Aid-(Your Initials).
  2. In your document, write what you know about each of the following components of a financial aid package:
    • Grants
    • Scholarships
    • Work Study
    • Loans

Assignment 5.S.3

  1. Make a copy of this document.  
  2. Rename the document to After High School-(Your Initials).
  3. Move the document into your Chapter 5 folder.
  4. Complete the document as assigned below:
    • If you don’t know the educational requirements for your specific career choice, take this opportunity to research the information.  Utilize this site if needed.
    • Fill in the graphic organizer with the information you gather about three different career options you have an interest in.  If you are undecided among several career options, be sure to research the educational requirements of each career program.

Assignment 5.S.4

  1. Utilize this review to assess your learning from Chapter 5.  You have 10 attempts to get as good of a score as you can.  You are free to use the online textbook above when going through this review.

Assignment 5.S.5

  1. Make a copy of this document.  
  2. Rename the document Short Answer 5-(Your Initials).
  3. Move the Short Answer 5-(Your Initials) into your Chapter 5 folder.
  4. Use your Chapter 5 textbook link to help answer your questions.
  5. Answer the questions in complete sentences.

Assignment 5.S.6

  1. Make a copy of this document.
  2. Name the document Case Studies 5-(Your Name) and move it into your Chapter 5 folder.
  3. Read three of the cases and write a possible resolution to the problems presented. Remember to apply the personal finance knowledge and principles you have learned in this chapter.

Chapter 5 Folder

  1. Tomorrow you will share your Chapter 5 folder with your teacher.  Your folder should contain the following files:
    • Personal Finance Journal-C5
    • Student Loan Myths
    • Thank You
    • College Expenses
    • Cost of Living Calculator
    • Securing Financial Aid
    • After High School
    • Short Answer 5
    • Case Studies 5