8.MATH.12.G

Estimate the cost of a two-year and four-year college education, including family contribution, and devise a periodic savings plan for accumulating the money needed to contribute to the total cost of attendance for at least the first year of college.

Grade 8 · Texas Essential Knowledge and Skills (TEKS) · TEKS 2012

Standard Unwrapping

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Vocabulary
costtwo-year college educationfour-year college educationfamily contributionperiodic savings planmoney neededtotal costattendancefirst year of college
Skills
  • estimate (the cost of a two-year and four-year college education) #dok2
  • include (family contribution when estimating college costs) #dok2
  • devise (a periodic savings plan for accumulating needed money) #dok3
  • calculate (the total cost of attendance for one year of college) #dok2
  • plan (financial strategies for meeting college expenses) #dok3
Learning Targets
  • I can estimate the total cost of attending a two-year or four-year college, including tuition, fees, and other expenses. #dok2
  • I can identify and include family contribution when planning for college education costs. #dok2
  • I can calculate how much money will be needed for the first year of college attendance. #dok2
  • I can devise a periodic savings plan to accumulate the money needed for the first year of college. #dok3
  • I can plan steps to meet college expenses using savings and contribution strategies. #dok3
Big Ideas
  • Planning for college expenses requires understanding total costs and developing a savings strategy.
  • Including family contribution and periodic saving helps make college more financially attainable.
Essential Questions
  • What are the expenses involved in attending a two-year or four-year college?
  • How does family contribution factor into the total cost of college attendance?
  • What steps can you take to plan and save for college expenses?
  • How do periodic savings plans help you accumulate enough money for college?
  • Why is it important to estimate the total cost and plan ahead for college expenses?