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Financial Aid Student Loans pt.2

An informative illustration depicting a diverse group of students studying financial aid options in a contemporary university setting, with charts and documents related to student loans and financial aid in the foreground.

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

10 Questions2 MinutesCreated by GuidingScholar37

Name:

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?

$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

What are the total aggregate loan limits for the following classifications: 1. Dependent Undergraduate. 2. Independent Undergraduate 3. Graduate/Professional

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