Unit 5 study guide (part 2) Flashcards
1
Q
Costs that occur repeatedly, but vary in amount from month to month, are called ______expenses.
A
Flexible
2
Q
Costs that are the same each month are called______expenses.
A
Fixed
3
Q
_________income is extra money that is not required to meet your needs.
A
Discretionary
4
Q
The FAFSA cannot be submitted until after January 1st of your_______year of high school
A
Senior
5
Q
A grant or a ________ should be sought before a loan.
A
Scholarship
6
Q
In a ________ loan, the interest is paid by the federal government
A
Subsidized
