A) It helps the government and colleges determine the level of aid for which you qualify. B) It helps colleges and universities determine whether you ca afford on-campus housing. C) It helps banks and other lenders know what interest rate to charge you for student loans D) It helps the government and colleges determine whether you are eligible for academic scholarships.
A) They offer more programs B) They are less expensive C) They are easier to apply to D) They offer more scholarships and grants.
A) Need-Based Financial Aid B) Merit Based Financial Aid C) A federal government loan program D) A university work study program.
A) In your last year of College B) Within Six Months of Graduation C) When you start to pay taxes. D) When you get a Full-Time Job
A) The Principal B) The Interest C) The Work Study D) The FAFSA
A) Small Private schools charge lower tuition than larger schools. B) Private Schools usually charge lower tuition for students who do well in high school. C) State Schools usually charge lower tuition for students living in the state. D) All colleges usually charge lower tuition for students who have federal loans.
A) Taking out a federal loan and attending a Private College. B) Taking out a Private Loan and attending a State College. C) Taking out a private loan and attending a Private College. D) Taking out a federal loan and attending a state college.
A) Have a fixed interest rate. B) Do not have to be paid back. C) Can be pair monthly or yearly. D) Do not affect your credit score.
A) A Federal Government Loan Program B) A University Scholarship Program C) Merit- Based Financial Aid D) Need- Based Financial Aid
A) Unusual Interests B) Low Credit Scores C) A Financial Need D) Good Grades
A) A distributor of private student loans. B) An application for federal students aid C) An office where you can make an appointment to discuss federal loan repayment. D) A inexpensive state college.
A) Money you can borrow to pay for college that you will have to repay later. B) Money you can get if you have a high GPA in high school. C) A gift the government gives you to pay for a very expensive college. D) Money all college students receive to pay for college tuition.
A) You can pay back your loan little by little. B) You only have to repay half of your original student loan. C) You never get charged interest on student loans. D) You have to repay your student loans before you graduate college.
A) Time it takes you to repay your loan. B) Initial amount of money you borrowed. C) Total amount of money you can take out in loans. D) Fee added to the amount you owe.
A) More extra money you will spend paying back your loan. B) Higher the interest rate on the loan will become. C) More likely you are to default. D) Less extra money you will spend paying back your loan.
A) Repaying more of his principal and building up less interest. B) Defaulting on his loan. C) Building up more interest and repaying less on principal D) Paying more fees directly to the bank.
A) Goes toward paying down your original debt B) Lowers your principal. C) Does not go toward repaying the money you initially borrowed. D) Immediately causes you to have bad credit.
A) Brianna has defaulted on her loans recently. B) Brianna has a history of paying her bills in full and on time. C) Banks will not lend her money. D) Brianna has missed More than 9 months of loan payments.
A) Failed to uphold his end of the loan agreement. B) Missed too many payments in a row. C) Never has to repay them. D) Does not have to repay them for a period of time.
A) Enrolled in the military. B) Paid more than his minimum payments. C) Paid his loan payments on time. D) Missed more than 9 months of loan payments. |