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 loan fees 2 federal student loan 3 Interest 4 Capitalization 5 private student loans 6 Loans 7 Outstanding Interest the dollar value of the accrued interest balance on a loan. A loan expense charged for the use of borrowed money. the addition of unpaid interest to the principal balance of a loan. generally lower interest rates generally higher interest rates Borrowed money that must be repaid with interest. percentage of the total loan amount