1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
viktelen [127]
3 years ago
15

Which loan type requires you to make loan payments while you're attending school?

Business
2 answers:
GREYUIT [131]3 years ago
7 0

Option A is correct.

<u>Unsubsidized loan payments require the loan payment while attending the school.  </u>

<u> </u>

Further Explanation:

Unsubsidized federal loan:  An unsubsidized federal loan is a study loan provided by the federal government. Unsubsidized federal loan is available for graduate courses and undergraduate courses. The student does not require proving the financial need of the loan. The limit of the loan is determined by the school.  

The interest starts accruing when the student enrolls in the program, or the loan is disbursed to the student. The borrower is liable for the payment of the interest during the school time in the following cases:

  • The student is attending the school for the half time of the duration of the program.
  • First six months after the graduation (grace period).
  • During the period of deferment.

<u> Therefore, unsubsidized loan payments require loan payment while attending school.  </u>

<u> </u>

A.

Unsubsidized federal loan: This is the correct option. The unsubsidized federal loan requires the payment of the interest during the tenure of the study program.

B.

Subsidized federal loan: This is an incorrect option. The interest payment starts after the completion of the study program.

C.

Pell Grant: This is an incorrect option. Pell grant is not a loan. It is a subsidy provided by the federal government.

D.

None of the above: This is an incorrect option. Unsubsidized federal loan is the correct option.

Learn more:

1. Learn more about loaning the money

brainly.com/question/1373941

2. Learn more about the mortgage payment

brainly.com/question/3073010

3. Learn more about the lifetime cost of the study loan

brainly.com/question/1757741

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Type of loans

Keywords: Loan, study loan, a student program, loan for study, school, college, loan type, requires, you to make, loan payments, while, attending school, unsubsidized federal loan, subsidized federal loan, Pell grant, none of the above.

aleksandr82 [10.1K]3 years ago
3 0
<span>Unsubsidized federal loans requires you to make loan payments while attending school. With unsubsidized loans, students accumulate interest and are responsible for paying it all off, the interest will keep adding until the loan is paid off. These loans are on the low-cost, fixed rate side of the loan spectrum. </span>
You might be interested in
Builder's Outlet just hired a new chief financial officer. To get a feel for the company, she wants to compare the firm's sales
mote1985 [20]

Answer:

The correct answer is letter "C": Common- size income statement.

Explanation:

A Common Size Income Statement is expressed as a percentage of net sales for each company's account. Common Size Income Statements are simple tools that a business owner or a high-rank executive can use to compare the company's finances over different periods, with competitors or industry averages.

8 0
3 years ago
​age, personality, buying​ style, and job position are​ __________ factors that can influence the business buying decision proce
Akimi4 [234]

The answer is "Individual".<span>

<span>Each of these mentioned factors with few variations will influence the business buying decision process. One or more changes in these might lead to a different result. These factors can also operate in different ways varying from person to another person.</span></span>

4 0
3 years ago
U.S. appliance manufacturers find that different customs about shopping must be used to determine product design. For instance,
kvv77 [185]

Answer:

U.S. appliance manufacturers would be more likely successful if they used a <u>Transnational</u> marketing strategy

Explanation:

Transnational marketing strategy is a more personalized approach to selling and marketing with target customers need, shopping preferences and specifications put into consideration in the designing of the goods and services.

This strategy applies to the U.S. appliance manufacturers selling to different countries.

Therefore, people in Northern Europe who shop only once a week will be presented with bigger refrigerators while Southern Europeans who shop daily can opt for smaller ones.

7 0
3 years ago
On January​ 1, 2024, Tyson Manufacturing Company purchased a machine for $41,100,000. ​Tyson's management expects to use the mac
denis23 [38]

Answer:

Annual depreciation= $5,865,714.29

Explanation:

Giving the following information:

Purchase price= $41,100,000

Salvage value= $40,000

Useful life in hours= 28,000

<u>To calculate the depreciation expense for 2024, we need to use the following formula:</u>

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

Annual depreciation= [(41,100,000 - 40,000) / 28,000]*4,000

Annual depreciation= $5,865,714.29

7 0
3 years ago
Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2020. Mio's salary for 2020 is $190
vfiekz [6]

Answer:

Mio's foreign earned income exclusion is $99,960

Explanation:

The calculation of the Mio's foreign earned income exclusion is given below:

The foreign earned income exclusion limit for 2020 is $107,600

Now the foreign earned income exclusion depend on days equivalent to

=  Foreign earned income exclusion limit × (2020 days ÷ total number of days in a year)

= $107,600 × (340 days ÷ 366 days)

= $99,960

Hence, Mio's foreign earned income exclusion is $99,960

7 0
3 years ago
Other questions:
  • How do you see your housing needs and goals changing over time?<br> This is an essay question.
    8·1 answer
  • You currently purchase a part used in your production process from an outside supplier, and have decided to begin making this pa
    6·1 answer
  • You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist in
    5·2 answers
  • Lilliput is a country that has closed borders and does not import or export any goods or services; hence, they do not worry abou
    7·1 answer
  • Amber is working as a sales associate in a department store. When a few high-priced products are found missing from the store, A
    8·1 answer
  • On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $54 million. Ameen uses strai
    11·1 answer
  • A company making tires for bikes is concerned about the exact width of its cyclocross tires. The company has a lower specificati
    14·1 answer
  • The simple rate of return is also called all of the following except ________. annual rate of return unadjusted rate of return a
    8·1 answer
  • Suppose that the market for candy canes operates under conditions of perfect competition, that it is initially in long-run equil
    10·1 answer
  • Free 100 points + brainliest to Ambitious or below, will not give brainliest if higher than amb
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!