Student Loans

Front

Federal student loans generally have the ______ interest rates and fees and the greatest repayment flexibility.

Back

Lowest

Front

Interest rates for new loans are established each year and the new rates go into effect on _________.

Back

July 1

Front

________ loans are offered based on financial need, and the federal government pays the interest on the loans if the student is in school at least halftime.

Back

Subsidized

Front

________ loans are available regardless of financial need, and the student (or parent if a parent PLUS Loan) is always responsible for paying the interest on the loan.

Back

Unsubsidized

Front

Students should always borrow _________, accepting only the amount of money needed.

Back

Conservatively

Front

If student borrowed student loans, the student must complete __________________________ to finish out their financial aid file

Back

Exit counseling

Front

Direct Subsidized Loan are _________ loans

Back

Need based loan

Front

Direct Unsubsidized Loan are _________ loans

Back

Non-need based loan

Front

True or False: Federal student loans generally have the lowest interest rates and fees and the greatest repayment flexibility.

Back

True

Front

The __________ helps determine financial need, so it is considered with Direct Subsidized Loan calculations

Back

EFC