Term 4 - Unit 1 (pg 114-115) Flashcards Preview

Grade 9 - LO > Term 4 - Unit 1 (pg 114-115) > Flashcards

Flashcards in Term 4 - Unit 1 (pg 114-115) Deck (6)
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1
Q

Explain the word “tertiary”

A

study after school

2
Q

What is a guarantor?

A

someone who provides security; promising to pay back your loan, if nececessary

3
Q

Where can you apply for a bursary?

A
  • companies
  • government institutions
4
Q

How does it normally work when you apply for a bursary?

A

+ usually have to work for the company for a few
years
+ if you leave the company, have to pay back the
money received
+ bursaries are granted to the best applicants
+ or to support students who cannot afford studying

5
Q

How does LOAN work

A

*money borrowed from a bank
*after studying, pay back the loan + interest within a
specific number of years
*you will need a guarantor (person who promises to
pay back the bank, if you can’t)
*you must prove that you have the ability to
pass the course

6
Q

How does a SCHOLARSHIP work?

A

= awarded to students who achieve best academic
results
= don’t have to be paid back
= must produce excellent results throughout your
studies