All categories

2 years ago

Which of the following is not a benefit of Direct Stafford Loans?

Advanced Placement (AP)

2 answers:

NNADVOKAT [17]2 years ago

8 0

Answer:

C. An extensive credit check for borrowers

Explanation:

Direct Stafford loans are loans for students and the loans have the backing of the US government as the government give the lender a guarantee of repayment in case of defaults by student borrowers.

Another name for the Stafford loans is William D. Ford Federal Direct Loans and it has the following advantages:

1. The interest rates are low

2. The low interest rates are fixed throughout the loan life span.

3. A student can choose to defer the loan repayment still after graduating or leave school.

4. Credit history is not considered before the loans are given.

5. Loan repayment is flexible based on income level.

6. Loan forgiveness is possible based on the level of income.

7. There is a six-month period of grace beginning from the day of graduation or leaving school .

Therefore, out of the benefits of Direct Stafford Loans listed above, only option C (An extensive credit check for borrowers) is not there.

Brut [27]2 years ago

7 0

The answer to this question is c.

You might be interested in

How is federalism a tool for the protection against "majority tyranny" and therefore a protection for the minority?

sergejj [24]

<span>Federalism means the way of government where there are various levels of government. As different level government system is more accessible for general people where they can say what they want or express their opinions about something being right or wrong. So in my opinion for the most part Federalism is a tool for the protection against "majority tyranny" and therefore a protection for the minority.</span> <span>To explain this in an example, if a state banns all the women to be employed at any level, the federal government will intervene and stop this unjust decision, or vice versa. </span>

4 0

3 years ago

Match each economist to the scenario that exemplifies his economic philosophy?

Lady_Fox [76]

Answer:

1. A small Caribbean island's economy depends on tourism. However, in recent times, it has seen much less economic activity. Its government decides to let the market correct the situation.

Hayek

2. Flour prices have risen in a country where bread is a staple part of the diet. As a result, bread prices have risen tremendously, in an effort to make bread affordable for its citizens, the government has limited how much bakes can charge for bread.

Keynes

Explanation:

8 0

3 years ago

If Congress asked you to choose a location for a new national park and one of your primary concerns, was preserving biodiversity

aleksklad [387]

A secured urban area in an eco-system

5 0

3 years ago

A: Suppose scientist conpared the wind speeds and barometric pressure readings of two severe storms over the Atlantic Ocean. For

Anestetic [448]

Answer:

Explanation:

7 0

2 years ago

What is the answer to this math problem with full work advanced geometry

Alisiya [41]

Answer:

Chord UV = 5

Explanation:

Recall that Theorem of congruent chords relating to their arcs states that the intercepted arcs of two chords are congruent if the two chords are of the same length.

The converse of this theorem states that if two intercepted arcs of two corresponding chords are congruent, then the two chords are congruent to each other.

Let's apply the converse of this theorem to the problem given.

We are given that the intercepted arcs of chord UV and chord UT are 34° each.

Therefore, chord UV must be congruent to chord UT.

Since chord UT = 5

Therefore, chord UV = 5

6 0

3 years ago