<p>undergraduate = the first four college years to achieve a bachelor's degree, which could be, for example, a B.A. (Bachelor of Arts), or B.S. (Bachelor of Science), or B.F.A. (Bachelor of Fine Arts). A college student is called an "undergraduate" because he's not yet graduated from college. The 4 undergraduate years are called, in most places, just like high school: freshman, sophomore, junior, senior. </p>
<p>graduate = degrees taken after college, for example, the M.A. (Masters of Arts) in a specific field (M.A. in Literature, M.A. in Teaching), or M.F.A. (Master of Fine Arts in Painting, or Theater..) or even higher, a "doctorate" Ph.D (Doctor of Philosophy in a specific subject). Masters Degrees might be a year or two; Ph.D's can be for 4 or 5 years more! So anyone working on a Masters or Ph.D. would be called a "graduate" student. Also, I think (but am not sure) that if a university also has a Medical, Law or Business professional school, those students might be numbered with the "graduate students" on the university's website, since they need to have finished their undergraduate degree to begin those schools, too. </p>
<p>I think I took longer to explain this than it takes to get the degree. Well, maybe not.</p>
<p>LOL, Wikipedia says it more simply, under "Academia"</p>
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The degree awarded for completed study is the primary academic qualification. Typically these are, in order of completion, associate's degree, bachelor's degree (awarded for completion of undergraduate study), master's degree, and doctorate (awarded after graduate or postgraduate study).
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<p>Adding: An associate's degree is the first 2 years of your undergraduate work
(freshman, sophomore). Some do theirs at a community or junior college and then transfer in to a 4-year college for their last 2 years (junior and senior years), ending up with their bachelor's degree. They save a lot of money, but aren't in the same 4 years in one college location, so there are pros and cons for each path. Getting all the credits accepted, meeting friends when others have been there since freshman year are some of the things people talk about as challenges to face, if you transfer in the middle. In some states, especially California, it's organized well and many do it that way. Also, some take one year at a community college and transfer in as sophomores to a college or university.</p>
<p>If you read about a "university" they'll describe their undergraduate program as a "college" within the university. Other colleges are exactly that: 4 years only in undergraduate work. After you earn your bachelor's degree from the college, you move to a university if you want to go further and get a graduate degree. You don't have to stay in one place, either; for example, you do undergraduate studies at Case Western University or Boston College, followed by graduate studies at New York University or a campus of the State University of New York. Those are just random examples to illustrate undergraduate v. graduate; not named for their art programs!!</p>