C3L3 Student Loans
Flashcard
•
Education
•
10th Grade
•
Easy
Gail Stires
Used 2+ times
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5 questions
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1.
FLASHCARD QUESTION
Front
federal loan
Back
a loan funded and made available by the federal government (for student aid)
2.
FLASHCARD QUESTION
Front
private loan
Back
a loan issued by a bank, credit union, a school, or state agency (for student aid)
3.
FLASHCARD QUESTION
Front
defer
Back
to put off to a later time; postpone
4.
FLASHCARD QUESTION
Front
accrue
Back
to build up over time; accumulate
5.
FLASHCARD QUESTION
Front
interest capitalization
Back
adding accumulated interest to the principal of a loan at the beginning of the repayment period.
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