Loans Flashcards
1
Q
What is the main determinant of whether or not you get offered a loan?
A
Your financial need
2
Q
Which loan is the one to take out first if you need to take out a loan?
A
Subsidized
3
Q
What are the three different types of government loans?
A
Stafford Subsidized, Stafford Unsubsidized, and Perkins
4
Q
Which loan does the government pay interest on while you are in school?
A
Subsidized
5
Q
How long after graduation do you have before you have to start paying back a government loan?
A
6 months
