The CCS Profile Is Used to

question 10

Multiple Choice

The CCS Profile is used to

• A) determine whether you qualify for federal aid.
• B) help colleges award institutional aid.
• C) create a personalized budget.
• D) apply for a private bank loan.

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Definitions:

Securities Fraud

Illegal practices involving the deception of investors or the manipulation of financial markets.

Automatic Stay

A legal provision that halts all collections, foreclosures, and legal proceedings against a debtor once they have filed for bankruptcy.

Bankruptcy Filing

A legal process by which an individual or business entity declares their inability to pay off outstanding debts.

Liquidation

The conversion of property into cash.