Question: Which Statement Best Explains Student Loans That Cover The Costs Of An Education?

Which best explains scholarships that cover the costs of an education?

Which statement best explains scholarships that cover the costs of an education? They are often based on achievement. The graph compares the cost of living in three different cities.

Which statement best explains student loans that cover the cost of an education Brainly?

The statement which best explains student loans that cover the costs of an education is: b)They require repayment with interest. In order to get financial aid for your education you have to sign a contract with a loan company.

Which are ways to pay for a college education check all that apply quizlet?

Answer Expert Verified. The ways to pay for a college education are: student loans, Federal grants, Academic scholarships.

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When someone is considering a career as a lawyer future earning are the?

When someone is considering a career as a lawyer, future earnings minus the cost of law school is the: net cost.

Which educational institutions typically cost the most to attend?

vocational schools community colleges public universities private colleges. An educational institutions typically cost the most to attend is private colleges. This answer has been confirmed as correct and helpful.

Which type of loan is based on financial need?

Subsidized Loans are loans for undergraduate students with financial need, as determined by your cost of attendance minus expected family contribution and other financial aid (such as grants or scholarships). Subsidized Loans do not accrue interest while you are in school at least half-time or during deferment periods.

What is one benefit of privately issued student loans?

What is one benefit of privately issued student loans? They are issued in cooperation with the student’s university to reduce costs and paperwork. They have lower interest rates and can be paid back with lower out-of-pocket costs. They are backed by the US government to ensure greater financial security.

What do students buy when they pay tuition?

Answer: You buy the right to attend to classes at a specific institution. Explanation: Tuition is the fee that is charged by higher education institutions for students to be able to attend to classes.

Which statement best explains scholarship?

Answer: A scholarship is aid given to a student by an institution. Explanation: A scholarship is the financial help provided by the institution to a student to help in the academics.

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What consequences do borrowers face if they miss many payments?

[A, B, D] Difficulty getting loans, garnished wages, and lost collateral. Explanation: There are three consequences that borrowers face if they were to miss payments.

Which methods of paying for college do not require repayment check all that apply?

Answer Expert Verified. Explanation: Scholarships are basically grants, given to students who cannot pay for their education expenses. Grants are the funds that are given to an entity by the Government or financial institution or any institution which the receiving party is not required to repay.

Which statement correctly compares the two jobs quizlet?

Therefore, the statement that correctly compares both jobs is option 2, Job A offers a higher salary and more days off.

Which statement best defines tuition?

It helps determine whether a student needs financial aid. Which statement best defines tuition? Tuition is federal money awarded to a student. Tuition is aid given to a student by an institution.

Which statement best describes how federal student loans are different than private student loans?

Federal student loans are only available for students who need the money to finance their education or educational activities, such as tuition fees. On the other hand, private student loans are available for any students interested in getting the loans in as much such student meets the bank’s lending requirements.

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