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3 years ago

12

Mitch is attending a 4-year college. As a freshman, he was approved for a 10-year, federal

1 answer:

stich3 [128]3 years ago

6 0

Answer:

Interest capitalization occurs when unpaid interest is added to the principal amount of your student loan. When the interest on your federal student loan is not paid as it accrues (during periods when you are responsible for paying the interest), your lender may capitalize the unpaid interest.

Step-by-step explanation:

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