Money Matters Chapter 21 Vocabulary
post-secondary education
Any education achieved after high school
work-study program
Part-time job on a college campus subsidized by the government
certification
Professional status earned by an individual after passing an exam focused on a specific body of knowledge
college access
Refers to building awareness about college opportunities, providing guidance regarding college admissions, and identifying ways to pay for college
529 Plan
Savings plan for education operated by a state or educational institution
for-profit school
School that is set up to earn money for investors
not-for-profit school
School that returns the money it earns back to the school
internship
Short-term position with a sponsoring organization that gives the intern an opportunity to gain on-the-job experience in a certain field of study or occupation
informational interviewing
Strategy used to interview a professional to ask for advice and direction, rather than a job opportunity
career
a series of related jobs in the same profession
employability skills
applicable skills used to help and individual find a job, perform in the workplace, and gain success in a job or career
values
beliefs about the things that matter most to an individual
aptitude
characteristic that an individual has developed naturally
job-specific skills
critical skills necessary to perform the required work-related tasks of a position
downsizing
elimination of jobs generally because the economy is suffering
interest
feeling of wanting to learn more about a topic or to be involved in an activity
career plan
list of steps on a timeline an individual can follow to reach his or her career goals
ability
mastery of a skill or a capacity to do something
CTSO
national student organization with a local school chapter that is related to career and technical education courses
career ladder
outline of jobs in a given career field that are available at different levels of education, training, and experiences
specialist career level
requires specialized knowledge and skills in a specific field of study
skill
something an individual does well
career pathway
subgroup with the career clusters that reflects occupations requiring similar knowledge and skills
networking
talking with people you know and making new contacts
job
the work a person does regularly in order to earn money
career cluster
16 groups of occupational and career specialties
apprenticeship
Combination of on-the-job experience in a certain field of study or occupation
formal education
Education received in high school
occupational training
Education that prepares you for a specific type of work
scholarship
Financial aid that may be based on financial need or some type of merit or accomplishment
grant
Financial award that does not have to be repaid
need-based award
Financial-aid award available for students and families who meet certain economic requirements
FAFSA
used to determine eligibility for federal financial aid
