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Education Loan

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is Education Loan?

a)

To help students pay for post-secondary education and the associated fees.

b)

A sum of money that is borrowed to be paid back with interest.

c)

To put money aside for the future.

d)

The money lent or borrowed under a credit arrangement.

2.

What is TESP?

a)

THREE EDUCATION LOAN PROGRAMME

b)

THIRDLY EDUCATION LOAN PROGRAM

c)

TERTIARY EDUACATION LOAN PRODUCTION

d)

TERTIARY EDUCATION LOAN PROGRAM

3.

There are two types of loans.

a)

TRUE

b)

FALSE

4.

Two types of loans are: TESP & ILMa

a)

TRUE

b)

FALSE

5.

Who can apply for IPMa?

a)

It is specifically for degree students from MARA.

b)

It is specifically for all students from MARA.

c)

It is specifically for excellent students from MARA.

d)

It is specifically for diploma students from MARA.

6.

Which one is the Disadvantages of EducLoan?

a)

Ineligibility Criteria & Payment Pressure

b)

Eligibility Criteria & Repayment Pressure

c)

Eligibility Criteria & Imbursement Pressure

d)

Eligibility Criteria & Peer Pressure

7.

EducLoan can encourage students to continue higher studies.

a)

TRUE

b)

FALSE

8.

EducLoan are easily available.

a)

TRUE

b)

FALSE

9.

The BEST Banks to choose from are:

a)

Maybank

b)

Bank Rakyat

c)

CIMBank

d)

PTPTN

e)

Bank Malaysia

10.

This is one of the advantages of EducLoan,

a)

Interest Risk Profit

b)

Interest Risk Benefit

c)

Interest Rate Benefit

d)

Interest Rate Profit