QuestionJune 15, 2025

A university encouraged you to apply for scholarships and grants and told you that you could obtain a student loan to cover the rest of the tuition cost. Which of the following is true about student loans? They'll be paid back after you graduate, without interest since they're for students with financial need. They may be paid back-by your employer after you start working. They'll be paid back if you get a job in the field you studied. They'll be paid back with interest after you graduate, so you pay back more than you borrowed.

A university encouraged you to apply for scholarships and grants and told you that you could obtain a student loan to cover the rest of the tuition cost. Which of the following is true about student loans? They'll be paid back after you graduate, without interest since they're for students with financial need. They may be paid back-by your employer after you start working. They'll be paid back if you get a job in the field you studied. They'll be paid back with interest after you graduate, so you pay back more than you borrowed.
A university encouraged you to apply for scholarships and grants and told you that
you could obtain a student loan to cover the rest of the tuition cost.
Which of the following is true about student loans?
They'll be paid back after you graduate, without interest since they're for
students with financial need.
They may be paid back-by your employer after you start working.
They'll be paid back if you get a job in the field you studied.
They'll be paid back with interest after you graduate, so you pay back more than
you borrowed.

Solution
4.5(272 votes)

Answer

They'll be paid back with interest after you graduate, so you pay back more than you borrowed. Explanation 1. Identify the nature of student loans Student loans are typically borrowed funds that must be repaid with interest after graduation. 2. Determine repayment conditions Repayment usually begins after graduation, and the borrower pays back more than the amount borrowed due to interest.

Explanation

1. Identify the nature of student loans<br /> Student loans are typically borrowed funds that must be repaid with interest after graduation.<br /><br />2. Determine repayment conditions<br /> Repayment usually begins after graduation, and the borrower pays back more than the amount borrowed due to interest.
Click to rate:

Similar Questions