Entrance Loan Counseling Quiz Review

Entrance Loan Counseling Quiz Review

12th Grade

17 Qs

quiz-placeholder

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Entrance Loan Counseling Quiz Review

Entrance Loan Counseling Quiz Review

Assessment

Quiz

others

12th Grade

Medium

Created by

Caitlin Stillwell

Used 8+ times

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17 questions

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1.

OPEN ENDED QUESTION

30 sec • Ungraded

First Name

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

30 sec • Ungraded

Last Name

Evaluate responses using AI:

OFF

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current Federal Student Loan Interest Rate?

.0653%

3.5%

6.53%

.055%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the PLUS loan dependent on?
Credit history
Income level
Enrollment status
Academic performance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you take a loan out your sophomore year, how many months of accrued interested will be added to your principal balance?
18
30
54
42

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During your senior year of college, how much money in Federal Loans will you be offered?

$5,500
$7,500
$10,500
$12,500

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What document explains your rights and responsibilities as a federal student loan borrower?
Your Master Promissory Note
Your billing statement
Your financial aid offer

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