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exis [7]
3 years ago
10

Which of the following is true about the interest rate of a Direct PLUS Loan?

Business
2 answers:
raketka [301]3 years ago
8 0

The interest rate is fixed is true about the interest rate of a Direct PLUS Loan.

<u>Explanation:</u>

The federal loans which can be used by college or technical graduates and parents of participating undergraduate students to find a way to pay for educational expenses is understood as Direct PLUS loans. Direct PLUS loans have a fixed rate mortgage and are not subsidized, meaning debt increases when the borrower is enrolled in school. It's usually known as a parent PLUS loan when it's provided to a teacher, and as a grade PLUS loan when it's rendered to a graduate student.

Amiraneli [1.4K]3 years ago
3 0

Answer:

the  interest rate is fixed

Explanation:

apex

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