See all 9th-12th Grades Standards
Paying for College

Paying for College

Module • 1.5 hr of learning
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Here's how Paying for College aligns with curriculum standards in Virginia. Use the filters to change the location, set of standards, and grade level.

EPF.1: The student will demonstrate knowledge and integration of basic economic concepts and structures by

Standards
Defined by Economics and Personal Finance Standards of Learning 9th-12th Grades and align with Paying for College
EPF.1.3: Describing how effective decision making requires a comparison of the additional costs (marginal costs) and additional benefits (marginal benefits), using a cost-benefit analysis chart and PACED decision-making grid (i.e., state the problem; list alternatives; identify the criteria; evaluate the alternatives based on the criteria; make a decision) for economic and personal finance decisions.

EPF.2: The student will demonstrate knowledge of the role of producers and consumers in a market economy by

Standards
Defined by Economics and Personal Finance Standards of Learning 9th-12th Grades and align with Paying for College
EPF.2.7: Examining how investment in human capital, capital goods, and technology can improve productivity.

EPF.4: The student will demonstrate knowledge of the many factors that affect income by

Standards
Defined by Economics and Personal Finance Standards of Learning 9th-12th Grades and align with Paying for College
EPF.4.3: Explaining the relationship between a person's own human capital and the resulting income potential.
EPF.4.4: Performing an analysis of expenses and financial aid required for continuing education to expand human capital.

EPF.18: The student will demonstrate knowledge of financing postsecondary education by

Standards
Defined by Economics and Personal Finance Standards of Learning 9th-12th Grades and align with Paying for College
EPF.18.1: Identifying costs and benefits of postsecondary education.
EPF.18.2: Identifying sources of postsecondary education funding.
EPF.18.3: Identifying the purpose of the Free Application for Federal Student Aid (FAFSA) in determining eligibility for grants, scholarships, and loans and the essential information needed to complete it.
EPF.18.4: Describing types of aid which do not require repayment, including federal, state, and institutional grants.
EPF.18.5: Describing types of scholarships and identifying scholarship scams.
EPF.18.6: Examining types of student loans, including federal and private, and understanding the associated risks.
EPF.18.7: Examining the requirements to remain eligible for financial aid.
EPF.18.10: Describing benefits, eligibility requirements, and tax implications of state-sponsored tax-advantage-qualified tuition plans as investment options for postsecondary education (e.g., Virginia529 Plan).
EPF.18.12: Identifying parts of a financial award letter.
EPF.18.14: Describing appropriate income levels needed to support student loan borrowing.