Questions and Answers
Which of the following repayment plans has fixed or graduated payments over 25 years?
Extended repayment plan
What is the purpose of loan consolidation?
To simplify loan repayment
What options are available to help keep your loans in good standing if you're having trouble making payments?
Change your payment due date
Which of the following actions can help you avoid defaulting on your student loan?
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What happens if you default on your student loan?
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What is the purpose of a promissory note?
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Which of the following tax breaks is available for student loans?
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Which of the following is true about the grace period for federal direct loans?
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Which repayment plan has fixed payments over 10 years?
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What is the purpose of loan consolidation?
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What is the purpose of a Direct Consolidation Loan?
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What happens if your student loan becomes delinquent?
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What happens if you default on your student loan?
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What is the purpose of the American Opportunity Tax Credit (AOTC)?
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