Career Development Standard 4

Benefit that could have been gained from an alternative use of the same resource.

• opportunity cost
• outsourcing

Utilizing external resources to perform activities traditionally handled by internal company staff.

• opportunity cost
• outsourcing

A course that is required before another course can be taken.

• prerequisite
• credit

Money for education awarded to students because of their need or for academic or athletic achievement.

• scholarship
• grant

The fee that colleges charge to take their classes.

• tuition
• scholarship

Provides money to pay students for qualified on or off campus jobs.

• work study program
• internship

A program in which a person learns to do a certain job by working with a skilled worker.

• work study program
• apprenticeship

A collection of materials whose purpose is to show your ability to do a specific job.

• career portfolio
• diploma

An official document that proves you have successfully completed specific course content and have the necessary skills for that area of your career.

• license
• certificate

A unit of measurement that schools use to determine whether students are progressing toward graduation.

• elective
• credit