What should students NOT consider when looking at how to pay for college?
Student Loans Readings

Quiz
•
Other
•
12th Grade
•
Medium
Kayla Watson
Used 5+ times
FREE Resource
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The type of loans they are taking out
The type of school they are attending
The type of major they are choosing
The type of extracurricular activities they are involved in
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Jan Miller suggest to students that should be the number 1 consideration about their loans?
The long-term implications of their loans
The short-term benefits of their loans
The interest rates of their loans
The repayment period of their loans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the financial information reported on the FAFSA determine?
The amount of scholarships a student can receive
The expected family contribution
The student's GPA
The student's class rank
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the new Student Aid Index (SAI) formula remove from the calculation?
The student's GPA
The number of family members in college
The student's class rank
The student's extracurricular activities
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total limit for direct subsidized loans for undergraduate students?
$10,000
$15,000
$23,000
$30,000
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should students borrow federal student loans over other loans according to McCarthy?
They have lower interest rates.
They tend to have better borrower benefits and income-driven repayment plans.
They are easier to obtain.
They do not require repayment.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are federal direct unsubsidized loans available to?
Only undergraduate students
Only graduate students
Both undergraduate and graduate students
Only independent students
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