What do you mean by vocational training?

So vocational training can be concluded as an educational training designed systematically to enable an individual to acquire knowledge for the practical life and for the occupational career.

Which company is a better choice based on annual income after housing and utility?

Which company is a better choice based on annual income after housing and utility costs? Job 1 is a better choice because the annual income after housing is $65,800 but that of job 2 is $64,700.

Which aspects could have a positive impact on future salary in a job position?

Which aspect could have a positive impact on future salary in a job position? The opportunity for advancement or promotion could result in higher pay.

What are vocational subjects?

Vocational courses are courses that are usually aimed at equipping students with practical skills for a specific profession or field. Hence, are often aimed at a specialized career and designed in a manner such as to help you upgrade your skills for that particular career. …

Which company is a better choice based on annual income after housing and utility costs quizlet?

Which company is a better choice based on annual income after housing and utility costs? Job 1 is a better choice because the annual income after housing is $65,800 but that of job 2 is $64,700. You just studied 3 terms!

Which explains a difference between income and taxable income?

Which explains a difference between income and taxable income? Income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses.

Which best summarizes the purpose of a W 4 form quizlet?

Which best summarizes the purpose of a W-4 form? It helps determine the amount of taxes withheld from an individual’s paycheck.

How is a student loan different from a scholarship quizlet?

How is a student loan different from a scholarship? A student loan must be paid back, but a scholarship is not paid back.

What types of information does a W 2 form contain?

The W-2 form lists the wages you paid the employee throughout the year. Form W-2 shows an employee’s gross wages and withheld taxes. It can also include other information such as deferred compensation, dependent care benefits, contributions to a health savings account, and tip income.

Which are types of income tax that people pay check?

“Generally, three types of taxes will show up on a worker’s pay stub: federal income taxes, payroll taxes (Social Security and Medicare), and state income taxes,” Andrew Lundeen, manager of federal projects at the Tax Foundation, told 24/7 Wall St. Other taxes, however, are levied at the register.

What is the difference between scholarships and grants quizlet?

what makes a grant different from a scholarship? … Grants are more need based whereas scholarships are more aptitude based.

How is student loan different from a scholarship?

Student loans are loans, meaning you borrow a certain amount of money from a lender to finance your education. Meanwhile, a scholarship is an award for academic excellence or other achievements, meaning your scholarship provider pays for your education without needing you to pay them back.

Which type of loan is based on financial need?

Direct Subsidized Loans are loans made to eligible undergraduate students who demonstrate financial need to help cover the costs of higher education at a college or career school.

What is a scholarship quizlet?

Scholarships. A sum of money given to a student for the purposes of paying at least part of the cost of college. These can be awarded to students based on students’ academic achievements or on many other factors. These do not need to be repaid.

What are scholarships based on?

Scholarships are typically awarded based on need, merit or a combination of both, given by governments, college, or private and civic organizations. Grants are different, and are based almost exclusively on financial need. Each college has its own criteria for deciding how much scholarship money to hand out.

What is federal Pell?

The Pell Grant is the largest federal grant program offered to undergraduates and is designed to assist students from low-income households. … To qualify for a Pell Grant, a student must demonstrate financial need through the Free Application for Federal Student Financial Aid (FAFSA®) form.

What are 4 general criteria that qualify a student for scholarships?

Terms in this set (28)
  • good grades.
  • need financial aid.
  • high class rank.
  • based on personal attributes.

What are five sources of scholarships?

Scholarships come from a variety of different sources, including clubs, organizations, charities, foundations, businesses, colleges and universities, the government and individuals.

What does merit-based scholarship mean?

Students can receive merit scholarships for good grades and high test scores. … Merit aid is a form of college financial aid that does not consider a student’s financial need, but rather is awarded based on academic, athletic, artistic or special-interest merit.

What are scholarship requirements?

1 Copies of mark sheet of standard Xth / XIIth / Others as applicable and as filled up. (mandatory). 2 Copy of annual family income certificate for the current Financial Year in the prescribed format (Annexure-I)issued by Tahsildar or equivalent Competent Authority. (mandatory).

How is a scholarship awarded?

You earn them by meeting or exceeding certain standards set by the scholarship-giver. Merit scholarships might be awarded based on academic achievement or on a combination of academics and a special talent, trait, or interest. Other scholarships are based on financial need.

What are the eligibility requirements for the A+ scholarship?

Graduate from an A+ designated high school with an overall unweighted grade point average of 2.5 or higher on a 4.0 scale. Have at least a 95% attendance record overall for grades 9-12. Perform at least 50 hours of unpaid tutoring or mentoring, of which up to 25% may include job shadowing prior to graduation.