Is is a Federal or Private Loan?

Is is a Federal or Private Loan?

12th Grade

10 Qs

quiz-placeholder

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Is is a Federal or Private Loan?

Is is a Federal or Private Loan?

Assessment

Quiz

Other

12th Grade

Easy

Created by

Jaime Nicol

Used 4+ times

FREE Resource

10 questions

Show all answers

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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