Financial Aid Student Loans pt.2
Understanding Financial Aid: Student Loans Quiz
Test your knowledge on federal student loans with our engaging quiz designed for students and parents alike. This quiz will cover important aspects of student loans, including limits, eligibility, and repayment terms.
Questions include:
- Maximum amounts for subsidized loans
- Enrollment requirements
- Consequences of incomplete loan documentation
A student can take out an unlimited amount of federal direct student loans throughout their college career as long as they graduate
True
False
Up to what annual amount of subsidized loans can a Graduate student qualify for?
$0
$20,500
$65,500
$138,500
What is the enrollment requirement in order for federal loans to be disbursed?
2 Classes
6 Hours
9 Hours
12 Hours
Scenario: Anthony is a Sophomore who is classified as Dependent. Parent was rejected Plus Loan. What is the maximum amount of loans he can be awarded for his Sophomore year?
$4,500
$6,500
$10,500
There is no limit
Repayment on UTSA Tuition & Fee Loan will begin 6 months after graduation
True
False
Scenario: Michael is a Junior who is classified as a Dependent. What is the maximum amount of subsidized loans he can be awarded for his Junior year?
$5,500
$12,500
$7,500
The graduate aggregate limit includes all federal loans received for undergraduate study.
True
False
Which of the following reasons can cause a student loan to Not disburse
Not completed Loan Entrance Counseling
Not completed Master Promissory Note
Enrolled in 5 Hours
All the above
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