3. 2 RULES 1.Divide room into teams. Elect one speaker per team. 2.One team/one selection per turn. 3.15 seconds for an answer. Only team leader may speak for team. 4.No penalty for wrong answer. No follow-on right for correct answer. 5.Teacher keeps score. 6.Judges’ decisions are final.

4. 3 200 400 600 800 1000 200 400 600 800 1000 200 400 600 800 1000 200 400 600 800 1000 200 400 600 800 1000 200 400 600 800 1000 YOU BET YOUR ASSETS ALPHABET SOUP NAME CALLING TIME’S UP! CREDIT TERMS POTPOURRI On to Final Jeopacardy!

5. 4 A Production of CARE PROGRAM Graphic Design by Bonnie McDuffie

6. 5

7. 6 THE FINAL JEOPACARDY TOPIC IS “WEB SITES” Before we go to the next slide and the final Jeopacardy answer, each team must announce how much it is wagering.

8. 7 THE FINAL JEOPACARDY ANSWER IS: A WEBSITE YOU CAN VISIT TO GET INFORMATION ABOUT SCHOLARSHIP PROGRAMS

9. 8 FASTWEB.COM; OR COLLEGEANSWER.COM; OR COLLEGEBOARD.COM; OR GOCOLLEGE.COM; OR SCHOLARSHIPHELP.ORG; OR FINAID.ORG; OR STUDENTSCHOLARSHIPSEARCH.COM Click Here Game Over

10. 9 TYPE OF BANKRUPTCY IN WHICH A TRUSTEE SELLS ALL YOUR ASSETS TO PAY CREDITORS

11. 10 WHAT IS CHAPTER 7?

12. 11 TYPE OF BANKRUPTCY IN WHICH YOU WRITE A PLAN IN WHICH YOU HAVE 3-5 YEARS TO PAY OFF YOUR CREDITORS

13. 12 WHAT IS CHAPTER 13?

14. 13 STANDARD LENGTH OF TIME TO REPAY A FEDERAL STUDENT LOAN

15. 14 WHAT IS 10 YEARS?

16. 15 IN THE BANKRUPTCY WORLD, STUDENT LOANS, LUXURY CONSUMER DEBTS OVER $500, AND DEBTS INCURRED AS A RESULT OF FRAUD HAVE THIS IN COMMON

17. 16 WHAT ARE GROUNDS FOR DENYING A BANKRUPTCY DISCHARGE?

18. 17 THE AMOUNT OF THE ILLINOIS HOMESTEAD EXEMPTION (I.E., THE AMOUNT OF YOUR HOME’S VALUE THAT A BANKRUPTCY TRUSTEE CANNOT SEIZE)

19. 18 WHAT IS $15,000 A PERSON?

20. 19 THESE INITIALS REFER TO THE FEDERAL FORM YOU MUST FILL OUT TO GET FEDERAL LOANS OR GRANTS

21. 20 WHAT IS “FAFSA” (FREE APPLICATION FOR FEDERAL STUDENT AID)? Optional Trivia

22. 21 EVERYONE PLAYS. 200 POINTS FOR FIRST CORRECT ANSWER WHAT IS THE FIRST DAY FOR SUBMITTING THE FAFSA APPLICATION FOR COLLEGE STARTING FALL 2012 JANUARY 1, 2012

23. 22 THE WEB SITE WHERE YOU CAN GET A FREE COPY OF YOUR ANNUAL CREDIT REPORT

24. 23 WHAT IS www.annualcreditreport.com?

25. 24 THIS IS A WEBSITE WHERE YOU CAN COMPARE CARD TERMS AND SHOP FOR THE CARD BEST SUITED TO YOU

26. 25 WHAT IS CARDHUB.COM OR CARDTRAK.COM OR LOWCARDS.COM OR CARDRATINGS.COM? Optional Extra Points

27. 26 All teams can play. Every team answers. 1 st team with right answer wins. Winner gets 200 points. What are the initials of the federal consumer agency set up in 2010 to police credit cards, student loans and other financial products? CFPB (stands for Consumer Financial Protection Bureau)CFPB (stands for Consumer Financial Protection Bureau)

28. 27 THE INITIALS FOR THE FEDERAL EDUCATIONAL LOAN PROGRAM FOR MAKING LOANS TO MOM AND DAD

29. 28 WHAT IS PLUS (PARENT LOANS FOR UNDERGRADUATE STUDENTS)?

30. 29 “FICO” STANDS FOR THE NAME OF THIS COMPANY WHICH DEVELOPED THE ALGORITHM USED IN COMPUTING THE CREDIT SCORE

31. 30 WHAT IS FAIR ISAACS CORPORATION? Optional Extra Points

32. 31 ALL TEAMS CAN PLAY. EVERYONE GIVES ANSWER. 1 ST TEAM WITH CORRECT ANSWER WINS. WINNER GETS 200 POINTS. THIS QUESTION WAS NOT COVERED IN TODAY’S PRESENTATION. WHAT IS THE RANGE OF FICO SCORES? 300 to 850

33. 32 THE NAME FOR THE PRIMARY FEDERAL GRANT PROGRAM

34. 33 WHAT IS THE PELL GRANT?

35. 34 THE NAME FOR PRIVATE LOAN INTEREST RATES THAT GO UP AND DOWN DURING THE LIFE OF THE LOAN

36. 35 WHAT IS THE “FLOATING RATE"?

37. 36 THE INDUSTRY NAME FOR CREDIT CARD USERS WHO CONSISTENTLY CARRY SOME PORTION OF THEIR MONTHLY BILL INTO THE NEXT MONTHLY CYCLE

38. 37 WHO ARE REVOLVERS?

39. 38 THE NAME OF ONE OF THE THREE TYPES OF FEDERAL LOANS THAT ARE MADE TO STUDENTS

40. 39 WHAT ARE STAFFORD SUBSIDIZED LOANS OR STAFFORD UNSUBSIDIZED LOANS OR PERKINS LOANS?

41. 40 YOUR PARENTS MUST HAVE STERLING CREDIT FOR THE FEDERAL LOAN WITH THIS NAME

42. 41 WHAT ARE PLUS LOANS?

43. 42 LENGTH OF TIME YOUR FEDERAL LOAN CAN BE LATE BEFORE GOVERNMENT DECLARES A DEFAULT

44. 43 WHAT IS 9 MONTHS?

45. 44 TYPICAL NUMBER OF YEARS CHAPTER 13 DEBTOR HAS TO DEVOTE ALL HIS/HER INCOME TO PAYING CREDIT UNDER A PLAN

46. 45 WHAT IS 3 (CAN GO TO 5)?

47. 46 LENGTH OF TIME YOU HAVE TO DO PUBLIC INTEREST WORK IF YOU WANT FEDERAL STUDENT LOANS FORGIVEN

48. 47 WHAT IS 10 YEARS?

49. 48 LENGTH OF TIME AFTER YOU BORROW MONEY ON A PRIVATE STUDENT LOAN BEFORE YOU HAVE TO START MAKING PAYMENTS

50. 49 TRICK QUESTION: WHAT IS IMMEDIATELY?

51. 50 ACCORDING TO SOME COMMENTATORS, YOUR TOTAL STUDENT LOAN DEBT SHOULD NEVER EXCEED THE SALARY YOU EARN FOR THIS PERIOD OF TIME AFTER YOUR GRADUATE FROM COLLEGE

52. 51 WHAT IS 1 YEAR?

53. 52 A.P.R. STANDS FOR THIS TERM

54. 53 WHAT IS ANNUAL PERCENTAGE RATE?

55. 54 ACCORDING TO SMARTMONEY.COM, A GOOD CARD FOR STUDENTS

56. 55 WHAT IS (A) PENTAGON FEDERAL CREDIT UNION VISA PLATINUM CASHBACK REWARDS OR (B) CITI MTVU PLATINUM SELECT VISA CARD FOR COLLEGE STUDENTS OR (C) CAPITAL ONE’S JOURNEY STUDENT REWARDS CARD?

57. 56 ACCORDING TO CONSUMER REPORTS, THESE TYPES OF ORGANIZATIONS ARE OVERALL THE BEST PLACE FOR CONSUMERS TO FIND A CREDIT CARD

58. 57 WHAT ARE CREDIT UNIONS?

59. 58 DAILY DOUBLE

60. 59 THE AVERAGE FEE YOU HAVE TO PAY TO GET A PRIVATE STUDENT LOAN

61. 60 WHAT IS $900?

62. 61 THE PERCENTAGE OF YOUR INCOME THAT IS THE CAP ON REPAYMENTS YOU HAVE TO MAKE FOR FEDERAL STUDENT LOANS

63. 62 WHAT IS 10%? Optional Trivia

64. 63 The percentage of student loan debt that debtors have been able to get discharged in bankruptcy (within 5%)

65. 64 WHAT IS 1%?

66. 65 THE THREE MAJOR CREDIT REPORTING BUREAUS

67. 66 WHAT ARE EXPERIAN, EQUIFAX AND TRANSUNION?

68. 67 AT LEAST THREE OF THE FACTORS USED IN CALCULATING THE FICO SCORE

69. 68 WHAT ARE (1) PAYMENT HISTORY, (2) LOW CARD BALANCES, (3) LONG CREDIT HISTORY, (4) CREDIT INQUIRIES AND (5) DIVERSE CREDIT HISTORY?

70. 69 WITHIN $5,000, THE ESTIMATED AVERAGE YEARLY COST OF COLLEGE

71. 70 WHAT IS $21,889?

72. 71 ALL TEAMS CAN PLAY. EVERYONE GIVES ANSWER. 1 ST TEAM WITH CORRECT ANSWER WINS. WINNER GETS 200 POINTS. WHAT IS A GREAT WEB SITE TO VISIT FOR INFORMATION ABOUT STUDENT AID (NOT JUST SCHOLARSHIPS)? WWW.FINAID.ORG

73. 72 THE ONE FEDERAL LOAN PROGRAM FOR LOANS TO STUDENTS THAT IS NOT NEED-BASED

74. 73 WHAT ARE STAFFORD UNSUBSIDIZED LOANS?