PFL.SS.16.C

Analyze the advantages and disadvantages of various sources of funds for postsecondary education and training, including student loans, grants and scholarships, and other sources such as work-study and military programs.

Personal Financial Literacy · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010

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Vocabulary
advantagesdisadvantagessources of fundspostsecondary educationtrainingstudent loansgrantsscholarshipswork-studymilitary programs
Skills
  • analyze (advantages and disadvantages of various sources of funds for postsecondary education and training) #dok3
  • compare (different sources of funds such as student loans, grants, scholarships, work-study, military programs) #dok2
  • evaluate (long-term impacts of each funding option on financial well-being) #dok3
Learning Targets
  • I can list different sources of funds for postsecondary education and training, such as student loans, grants, scholarships, work-study, and military programs. #dok1
  • I can describe the basic advantages and disadvantages of student loans, grants, scholarships, work-study, and military programs. #dok1
  • I can compare multiple funding options by examining their main features, such as repayment requirements, eligibility, and benefits. #dok2
  • I can analyze and explain the potential outcomes and trade-offs involved with choosing each source of funding for postsecondary education or training. #dok3
  • I can evaluate which funding source or combination of sources may be best for different students or situations based on provided scenarios. #dok3
Big Ideas
  • Students can make informed choices for paying for postsecondary education by understanding the benefits and trade-offs of available funding sources.
  • The source of funds chosen for postsecondary education or training can have significant short- and long-term financial consequences.
Essential Questions
  • What different sources of funds are available for paying for postsecondary education and training?
  • What are the advantages and disadvantages of each source of funds for postsecondary education?
  • How do the requirements and long-term impacts of student loans, grants, scholarships, work-study, and military programs compare?
  • What factors should students consider when deciding how to pay for their postsecondary education or training?
  • How might a student's personal situation influence which funding sources are most appropriate for them?