Which statement or statements accurately describe characteristics of subsidized Stafford loan? I. Grace period during which payments are not due II. Based on student need III. Student is responsible for all interest for the lifetime of the loan. A. I only b. II only c. I and II d. I and III.

Question

01-03-2022
Business

contestada

Which statement or statements accurately describe characteristics of subsidized Stafford loan? I. Grace period during which payments are not due II. Based on student need III. Student is responsible for all interest for the lifetime of the loan. A. I only b. II only c. I and II d. I and III.

Respuesta :

Otras preguntas

A topic for a research paper can be _____ than the topic for a short essay. A. narrower B. broader

Certain antibacterial soap kill 99% of the bacteria present on heand. Constant use of these soaps could be harmful over time because

How do you Increase 28 by 7% and how

Determine the slope of the line that contains the given points. t(6,3),v(8,8)

Explain the importance of the Apollo missions

Compare and contrast the structure and function of the cell wall with that of the cell membrane.

The length of a spring varies directly with the mass of an object that is attached to it. When a 30-gram object is attached, the spring stretches 9 centimeters.

Nancy borrows $5000 at a rate of 16% interest per year. What is the amount due at the end of 5 years if the interest is compounded continuously?

Suppose that 15 inches of wire costs 45 cents. At the same rate, how much (in cents) will 12 inches of wire cost?

What are some of the advantages of using fossil fuels? What are some of the disadvantages?

suchetasVT suchetasVT · Answer 1 · 2022-03-10T11:59:02+01:00

Subsidized Stafford loan is provided to students who are in need of funds for study purposes and during the grace period, payments are not due on the loan amount. Thus Option C. is the correct answer.

What is a Subsidized Stafford loan?

Stafford Loans were available both as Subsidized and Unsubsidized loans. Subsidized loans are given to students based on the indicated financial need (see Expected Family Contribution).

The interest on the loan is paid by the federal government while the student is in school and during the official postponement.

Therefore, Option C. I and II are the correct answers; Grace period during which payments are not due and Subsidized Stafford loan is provided on the basis of students' need.

To learn more about Subsidized Stafford loans, refer to the link:

https://brainly.com/question/26505537