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Types of Student Loans Quiz

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Types of Student Loans Quiz

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Quiz on loan types.

Created by

Isis
Isis
United States

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Types of Student Loans Quiz
 

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Types of Student Loans QuizOnline version

Quiz on loan types.

by Isis
1

What distinguishes a Direct Subsidized Loan from other federal loans?

2

Direct Unsubsidized Loans require interest to be paid by the borrower how?

3

Who borrows a Direct PLUS Loan?

4

Who can borrow a Grad PLUS Loan?

5

What is true about the Perkins Loan for new borrowers?

6

Direct Consolidation Loan is used to do what?

7

Private student loans are?

8

Which loan type is a federal option for parents plus students alike?

9

Do federal Direct Loans have fixed interest rates?

10

What is the primary purpose of a Direct Consolidation Loan?

11

Which federal loan is based on financial need and has interest subsidized by the government while in school?

12

Which loan accrues interest from disbursement and is not based on financial need?

13

Which loan is typically used to cover graduate school or dependent students for credit-based funding?

14

What is the federal loan option that combines multiple loans into one repayment plan?

15

Which insurance protects you if you can’t work due to illness or injury?

16

Which type of insurance covers medical expenses from illness or injury?

17

Which insurance is typically required by lenders for a rental property?

18

Which insurance provides financial support to dependents after your death?

19

What type of insurance helps cover damages you cause to others or their property?

20

Which loan best fits a student who needs ongoing access to funds for education?

 
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