A low-interest loan for students who do not demonstrate financial need is a(n):A.Indirect Unsubsidized Loan.B.Direct Subsidized Loan.C.Direct Unsubsidized Loan.D.Federal Pell Loan.
Question
A low-interest loan for students who do not demonstrate financial need is a(n):A.Indirect Unsubsidized Loan.B.Direct Subsidized Loan.C.Direct Unsubsidized Loan.D.Federal Pell Loan.
Solution
C. Direct Unsubsidized Loan.
Similar Questions
What is a form of non-need-based aid?Unsubsidized loansGrantsScholarshipsFAFSASubsidized loans
What is a Federal Direct Subsidized Student Loan?Group of answer choicesA no-interest rate student loan available to eligible undergraduate students at both public and private colleges and universities.A loan program available to undergraduates with financial need where the federal government pays the interest on the loan while the student is enrolled.A long term loan (10+ years) that allows a student to defer repayment until they have either gotten married or purchased a home.A loan that allows you to combine multiple student loans (subsidized and non-subsidized) into a single loan repayment program over 30 years.
Interest:A.is the cost of borrowing money.B.is the additional payment made by borrowers to lenders to convince them to delay their spending.C.depends on the supply and demand for loanable funds.D.is income for the households who loan money through financial intermediaries to firms for capital goods.E.All of these.
Under a subsidized Stafford Loan, the federal government will amake my loan interest free for the life of the loan bpay the interest on this loan while I am enrolled in college cpay off my loan balance if I graduate with honors
The ability of non-ADI lenders to make loans comes from ________________.A.having bank deposits as assets.B.having bank deposits as liabilities.C.having a credit license.D.getting income from loans.E.borrowing from a bank.
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