{"id":217,"date":"2016-02-03T16:45:38","date_gmt":"2016-02-03T16:45:38","guid":{"rendered":"https:\/\/courses.candelalearning.com\/lumencollegesuccess\/?post_type=chapter&#038;p=217"},"modified":"2024-05-01T18:46:39","modified_gmt":"2024-05-01T18:46:39","slug":"finances-in-college","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/chapter\/finances-in-college\/","title":{"raw":"Introduction to Finances in College","rendered":"Introduction to Finances in College"},"content":{"raw":"<h2>What you'll learn to do: d<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Describe factors for finances in college including student expenses, financial aid, and financial decision making&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4482,&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:12507122},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;}\">escribe factors for finances in college including student expenses, financial aid, and financial decision making<\/span><\/h2>\r\n<img class=\"aligncenter wp-image-2121 size-full\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/605\/2016\/09\/22152354\/5734854387_f7bd428ec9_z.jpg\" alt=\"Open palm holding miniature dollar bills\" width=\"640\" height=\"479\" \/>\r\n<blockquote>The cost of college should never discourage anyone from going after a valuable degree.\r\n<p style=\"text-align: right;\">\u2013Arne Duncan, former United States Secretary of Education<\/p>\r\n<\/blockquote>\r\nBy the end of this section, you will be able to i<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Identify sources of major and minor expenses in your life when attending college&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">dentify sources of major and minor expenses in your life when attending college. You will explore\u00a0<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore sources of financial assistance and strategies for applying for financial aid&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">sources of financial assistance and strategies for applying for financial aid. You will also e<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore federal grants and scholarships as financial aid supports for college&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">xplore federal grants and scholarships as financial aid support for college and\u00a0<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore factors in borrowing and repaying student loan debt&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">factors in borrowing and repaying student loan debt. In addition, you will be able to e<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explain strategies for financial decision making and goal setting for your college education&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12801,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">xplain strategies for financial decision-making and goal setting for your college education.<\/span>","rendered":"<h2>What you&#8217;ll learn to do: d<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Describe factors for finances in college including student expenses, financial aid, and financial decision making&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4482,&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:12507122},&quot;10&quot;:2,&quot;11&quot;:4,&quot;15&quot;:&quot;Calibri&quot;}\">escribe factors for finances in college including student expenses, financial aid, and financial decision making<\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2121 size-full\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/605\/2016\/09\/22152354\/5734854387_f7bd428ec9_z.jpg\" alt=\"Open palm holding miniature dollar bills\" width=\"640\" height=\"479\" \/><\/p>\n<blockquote><p>The cost of college should never discourage anyone from going after a valuable degree.<\/p>\n<p style=\"text-align: right;\">\u2013Arne Duncan, former United States Secretary of Education<\/p>\n<\/blockquote>\n<p>By the end of this section, you will be able to i<span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Identify sources of major and minor expenses in your life when attending college&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">dentify sources of major and minor expenses in your life when attending college. You will explore\u00a0<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore sources of financial assistance and strategies for applying for financial aid&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">sources of financial assistance and strategies for applying for financial aid. You will also e<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore federal grants and scholarships as financial aid supports for college&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">xplore federal grants and scholarships as financial aid support for college and\u00a0<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explore factors in borrowing and repaying student loan debt&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:4993,&quot;3&quot;:{&quot;1&quot;:0},&quot;10&quot;:2,&quot;11&quot;:4,&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;}\">factors in borrowing and repaying student loan debt. In addition, you will be able to e<\/span><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Explain strategies for financial decision making and goal setting for your college education&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12801,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0,&quot;15&quot;:&quot;Calibri&quot;,&quot;16&quot;:10}\">xplain strategies for financial decision-making and goal setting for your college education.<\/span><\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-217\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Outcome: Personal Finance. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Shared previously<\/div><ul class=\"citation-list\"><li>Image of miniature money. <strong>Authored by<\/strong>: frankieleon. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/flic.kr\/p\/9JLCpM\">https:\/\/flic.kr\/p\/9JLCpM<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":277,"menu_order":2,"template":"","meta":{"_candela_citation":"[{\"type\":\"cc\",\"description\":\"Image of miniature money\",\"author\":\"frankieleon\",\"organization\":\"\",\"url\":\"https:\/\/flic.kr\/p\/9JLCpM\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"original\",\"description\":\"Outcome: Personal Finance\",\"author\":\"\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"b5e86ee0-3a05-4b66-90ce-53a62d1e8486","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-217","chapter","type-chapter","status-publish","hentry"],"part":135,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/users\/277"}],"version-history":[{"count":38,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/217\/revisions"}],"predecessor-version":[{"id":7675,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/217\/revisions\/7675"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/parts\/135"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapters\/217\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/media?parent=217"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/pressbooks\/v2\/chapter-type?post=217"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/contributor?post=217"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-collegesuccess-2\/wp-json\/wp\/v2\/license?post=217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}