| A | B |
|---|
| Dual Enrollment | involves students being enrolled in two separate, academically related institutions |
| Economic Cycle | the natural fluctuation of the economy between periods of expansion and contraction. Factors such as gross domestic product, interest rates, levels of employment and consumer spending help to determine the current stage of the economic cycle. |
| Formal Assessment | standardized written or performance test of knowledge, aptitude, values, etc. |
| Economy | the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services, careful management of available resources. |
| Formal Learning | done or carried out in accordance with established or prescribed rules |
| Free Application for Federal Student Aid (FAFSA) | Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation, provides grants, loans, and work-study funds for college or career school. |
| Function | an activity or role assigned to somebody or something |
| Global Economy | the interdependent economies of the world's nations, regarded as a single economic system |
| Graduate Degree | college program leading to a master's degree or doctoral degree; advanced study generally following a bachelor's degree |
| Grant | financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund). |
