Which answer best describes an unsubsidized federal loan?
Answers
Answered by
1
The individual
availing the loan is responsible for paying the entire interest that has
accrued on the loan taken by him/her. In case of unsubsidized student loans,
the interest on the loan will not be paid by the Federal Government. Rather, it
starts accumulate from when the student is studying his course.
Answered by
1
The options for this answer are missing:
Following are the options:
A You are responsible for paying all the interest that accumulates on your loan.
B You are only responsible for the cost of the loan.
C The federal government will cover the interest accumulated on the loan while you're in school.
D The federal government will only cover the interest accumulated on the loan if you graduate and earn a degree.
The answer to this question is:
Option C
The federal government will cover the interest accumulated on the loan while you're in school.
Following are the options:
A You are responsible for paying all the interest that accumulates on your loan.
B You are only responsible for the cost of the loan.
C The federal government will cover the interest accumulated on the loan while you're in school.
D The federal government will only cover the interest accumulated on the loan if you graduate and earn a degree.
The answer to this question is:
Option C
The federal government will cover the interest accumulated on the loan while you're in school.
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