Scholastic Aptitude Test (SAT) - A standardized exam often taken by high school students to submit as part of a college application; also sometimes used for scholarship or award criteria.
Social Security - A federal retirement program that provides income for people once they reach the age of 62. Funded by income taxes on workers who are younger than 62.
Social Security Administration (SSA) - The agency of the U.S. federal government responsible for administering money to retired people, their survivors, and disabled individuals and assigning Social Security numbers.
STEM - Science, technology, engineering, and math. Used as shorthand to describe studies or careers in these fields.
Stock - An investment representing a small ownership share in a company that may go up and down in value depending on the company's performance and profit.
Student Loan - A loan made by the government or a private lender to a borrower for higher education.
Supplemental Nutrition Assistance Program (SNAP) - The government's Supplemental Nutrition Assistance Program provides individuals or families with a preloaded Electronic Benefits Transfer card (EBC) that may be used to purchase food like a debit card. The dollar amount on the card is replenished monthly based on household income and the number of family members.
Supplemental Nutrition Assistance Program for Women Infants and Children (WIC) - The government's Supplemental Nutrition Assistance Program for Women, Infants, and Children provides pregnant women and parents of children aged five and under with access to information, resources, food items, and other relevant expenses. A dollar amount is not specified; the program provides redemption credits for groceries or other supplies at authorized schools, clinics, and stores.