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Undergraduate vs Graduate Student Loans Quiz

Authored by Doretha Houston

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University

Used 2+ times

Undergraduate vs Graduate Student Loans Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who can borrow federal direct subsidized loans, which have interest covered in school?

Undergraduate

Graduate

Both

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of student can borrow federal direct unsubsidized loans, which don't have interest covered in school?

Undergraduate

Graduate

Both

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Federal PLUS loans are available to which group of students?

Undergraduate

Graduate

Both

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Origination fees are calculated as a percentage of the total federal loan amount and then subtracted from the loan before it’s disbursed to the student.

Undergraduate

Graduate

Both

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which students can skip including their parents’ information on the Free Application for Federal Student Aid?

Undergraduate

Graduate

Both

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If they demonstrate sufficient financial need, which students are eligible for Pell Grants?

Undergraduate

Graduate

Both

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which students borrow federal unsubsidized loans at a higher interest rate?

Undergraduate

Graduate

Both

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