Fed Loans
The limit for Freshman Federal Loans
What is $5500 ?
A Federal Subsidized Loan while you are enrolled in school and for the 6 month grace period.
0% for deferment period and grace period.
These three charges are DIRECT billed to a student account
What are tuition, room and meal plans (room & board) ?
The government pays the interest while you are in school.
What is a SUBSIDIZED loan ?
A federal UNSUBSIDIZED loan issued in the 2024-2025 school year
What is 6.53%
The university establishes the COA based on five items. What are the five items ?
What are tuition, room & board, textbooks, personal expenses and transportation ?
The free application used to qualify for a federal student loan.
What is FAFSA ?
The origination fee on a Federal Student loan.
What is 1.057 %
A four or five year degree from a University
What is a B.A or B.S. degree ?
The total limit for federal borrowing for dependent students for an undergraduate degree ?
What is $31,000 ?
QUARTERLY simple interest for a $5500 loan at 6.53%. Round to the nearest dollar
What is $90 every 4 months.
Two categories of FREE MONEY to pay for school.
What are scholarships and grants ?
The max limit for Subsidized Loans in Freshman year
What is 3500 ?
Three types of accounts that can be set up for minors to pay for college tax free.
What are UTMAs, ESAs, 529 plans ?