Is is a Federal or Private Loan?
Authored by Anonymous Anonymous
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12th Grade
Used 4+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Offers flexible monthly payments
Federal Loans
Private Loans
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Likely has a set repayment plan that you won't be able to change.
Federal Loans
Private Loans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can often require payments while you are in school
Federal Loans
Private Loans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Has a fixed interest rate
Federal Loans
Private Loans
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Has an interest rate that could change
Federal Loans
Private Loans
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is not subsidized (meaning YOU pay the interest)
Federal Loans
Private Loans
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is available as a subsidized lean (meaning the GOVERNMNET helps pay the interest)
Federal Loans
Private Loans
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