Matching Pairs Cost of BorrowingOnline version This game reviews the cost of borrowing for financial aid. Match the term to the definition or the corresponding statement. by Mia Knowles-Davis 1 federal student loan 2 private student loans 3 Capitalization 4 Outstanding Interest 5 Loans 6 loan fees 7 Interest generally lower interest rates Borrowed money that must be repaid with interest. A loan expense charged for the use of borrowed money. generally higher interest rates percentage of the total loan amount the dollar value of the accrued interest balance on a loan. the addition of unpaid interest to the principal balance of a loan.