A plain-language guide for students who will be the first in their family to go to college, and for their parents: the steps for each grade, the words to know, and free help that already exists.
| Word | What it means |
|---|---|
| Net price | What college really costs after grants and scholarships. Every college has a net price calculator on its website. |
| FAFSA | The free federal form for financial aid. Fill it out every year of college. |
| Grant | Money for college that does not have to be paid back. |
| Loan | Money that must be paid back, with interest. |
| Work-study | A part-time job, often on campus, that helps pay for college. |
| Fee waiver | Lets a student take the SAT or ACT, or apply to college, without paying the fee. |
| Early action and early decision | Applying early. Early decision is a promise to attend if admitted; early action is not. |
| Transcript | The record of every high school class and grade. |
| Recommendation | A letter from a teacher or counselor about the student. |
Want help with this part? Your Caveat advisor walks your family through every step, from 9th grade classes to the first day of college, in plain words, with a weekly check-in.
Book a free 20-minute call See College Launch supportThis tool is general information, not legal, tax or financial advice. Each college decides admission, aid and how credit counts, and requirements change; check each college's own pages. Examples are examples, not promises. Caveat Academic Services is an independent college preparation company. Students do all of their own work.