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