What is the difference between federal subsidized and unsubsidized loans?
A) Subsidized loans do not require repayment until 12 months after graduation,whereas unsubsidized loans require repayment immediately upon graduation.
B) With a subsidized loan,the interest on the loan is paid by the government if the student is enrolled in school at half-time status or greater; an unsubsidized loan requires the student to pay the interest on the loan that has accrued while still in school.
C) An unsubsidized loan allows students to borrow a greater amount of money than subsidized loans.
D) All of the options are correct.
Correct Answer:
Verified
Q28: What is the downside to 0% deals?
A)The
Q29: When receiving a student loan,the typical grace
Q30: Your previous balance is $100.You charge $100
Q31: Elijah is looking at student loans.Which one
Q32: You used your clothing store credit card
Q34: For a good credit score,never carry a
Q35: What is a grace period?
A)Time to think
Q36: According to _,you have 60 days after
Q37: If you have a subsidized loan,what is
Q38: What is the FAFSA application used for?
A)To
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents