DSL Originations Talking Points Procedure Quizzzz
Understanding Student Loans: A Quick Quiz
Test your knowledge about student loans and cosigners with our quick and informative quiz! Whether you're a borrower or a cosigner, understanding the intricacies of the application process is crucial.
- Learn essential talking points
- Understand eligibility requirements
- Know the importance of cosigner roles
A cosigner key is a unique 6 digit code that a cosigner can use to apply. The cosigner key is provided to the borrower after they complete their student loan.
True
False
Student must be making Satisfactory Academic Progress to be eligible for a loan.
True
False
The pre-qualification is a short form that can be completed in a few minutes and it will impact the cosigner’s credit.
True
False
An international student with no ssn can't apply for a student loan.
True
False
The access code never expires.
True
False
When an application expires, both Borrower and Cosigner will have to reapply.
True
False
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