Student Loans Vocab Math Data

Money you borrow to help pay for cost associated with school with the expectation that you will pay that money back in the future.

• Limits

• Student Loan

• FASFA

• Borrow

The maximum amount that you may borrow in order to pay for your post-secondary student loans.

• Limits

• Student Loan

• FASFA

• Borrowing Amount

Loans made/funded directly by the federal government based on information collected in the Free Application for Federal Student Aid (FASA)

• Room and Board

• Parent Laon

• Federal Student Loan

• Private Loan

The amount of time you have to repay the loan.

• Room and Board

• Parent Laon

• Loan Term

• Re-Payment

This is the form you need to fill out to get any financial aid from the federal government to help pay for college.

• FASFA

• College Application

• Taxes

• Residency

A federal student loan program under which eligible students and parents borrow directly from the U.S. Department of Education. Known as the William D. Ford Federal Direct Loan Program. It is a low-interest student loans to postsecondary students and to their parents.

• Balancing Laon Program

• Free Tuition Laon Program

• FASFA

• Federal Direct Loan Program

Loans distributed based on a determined financial need. These loans do not accrue interest while you are in school at least half-time or during deferment periods.

• Subsidized Student Laon

• Direct Student Loan

• Unsubsidized Student Loan

• Pay Back Student Laon

Loans distributed that are not based on a financial need. You are responsible for the interest from the time this type of loan is disbursed until it is paid in full.

• Subsidized Student Laon

• Direct Student Loan

• Unsubsidized Student Loan

• Pay Back Student Laon

Loans made/funded by private lenders, such as banks and online leaders.

• Subsidized Student Laon

• Direct Student Loan

• Unsubsidized Student Loan

• Private Laon

A temporary postponement of repayment of federal student loans where interest does not accrue on subsidized student loans.

• Extension

• Deferment

• Accelerate

• Forgiveness