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2. Student loans The Cost of College The cost of college continues to rise. Fortunately, financial aid is available to both persons and their parents

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2. Student loans The Cost of College The cost of college continues to rise. Fortunately, financial aid is available to both persons and their parents or guardians to pay for persons' higher educations Loans are offered by government, private, and college-sponsored programs. Different types of loans come with different terms in the interest of helping as many persons as possible who need the assistance FINANCIAL AID OFFICE OU Following is an excerpt from a hypothetical conversation between Amy Macintosh, a college person, her financial aid counselor, and Amy's parents, as they consider options for obtaining a loan to finance Amy's higher education. Fill in the blanks to provide the correct information COUNSELOR: Amy, I understand that you wish to obtain a person loan to help with your graduate school studies. Let's take a look at a variety of loans. The first thing we need to examine is your eligibility, meaning that you have no other outstanding loans AMY: I understand that I expected to contribute some funds to pay for my educational expenses. COUNSELOR: That's right. And since you've completed your undergraduate studies, I need to confirm that you meet another requirement, which is that you must loan to help out with the undergraduate degree. Amy doesn't R. MACINTOSH: She's all set there. Her mother and I took out a have any outstanding debt. COUNSELOR: Good. Then let's talk about paying back the loan you'll take out, Amy. Are you aware of the general terms regarding interest an timing of repayment? AMY: I think so. Interest will not start to accrue until begin until and repaying the loan isnt scheduled to because this loans COUNSELOR: Okay. Because it has the lowest interest rate and highest borrowing limit, I think I'll recommend you apply for a loan. But one word of caution Regardless of what kind of loan you take out, it's easy to build up debt not only while in school but afterwards, even with the good job your education should help you obtain legislation was passed ruling that you from the responsibility to repay person loans. AMY: Thank you for the information, advice, and warnings! I'm looking forward to starting the next phase of my education 2. Student loans The Cost of College The cost of college continues to rise. Fortunately, financial aid is available to both persons and their parents or guardians to pay for persons higher educations Loans are offered by government, private, and college-sponsored programs, Different types of loans come with different terms in the interest of helping as many persons as possible who need the assistance, FINANCIAL AID OFFICE OUX Following is an excerpt from a hypothetical conversation between Amy Macintosh, a college person, her financial aid counselor, and Amy's parents, as they consider options for obtaining a loan to finance Amy's higher education Full on the blanks to provide the correct information COUNSELOR: Amy, I understand that you wish to obtain a person loan to help with your graduate school studies. Let's take a look at a variety of loans. The first thing we need to examine is your eligibility, meaning that you have no other outstanding loans AMY: 1 understand that 1 expected to contribute some funds to pay for my educational expenses. COUNSELOR: That's right. And since you've completed your undergraduate studies, I need to confirm that you meet another requirement, which is that you must loan to help out with the undergraduate degree. Amy doesn't HR MACINTOSH: She's all set there. Her mother and I took out a have any outstanding debt. COUNSELOR: Good. Then let's talk about paying back the loan you'll take out, Amy. Are you aware of the general terms regarding interest and timing of repayment? COUNSELOR: Good. Then let's talk about paying back the loan you'll take out, Amy. Are you aware of the general terms regarding interest and timing of repayment? AMY: I think so. Interest will not start to accrue until and repaying the loan isn't scheduled to because this loan is begin until COUNSELOR: Okay. Because it has the lowest interest rate and highest borrowing limit, I think I'll recommend you apply for a loan. But one word of caution: Regardless of what kind of loan you take out, it's easy to build up debt not only while in school but afterwards, even with the good job your education should help you obtain legislation was passed ruling that you from the responsibility to repay person loans AMY: Thank you for the information, advice, and warnings! I'm looking forward to starting the next phase of my education 2. Student loans The Cost of College The cost of college continues to rise. Fortunately, financial aid is available to both persons and their parents or guardians to pay for persons' higher educations Loans are offered by government, private, and college-sponsored programs. Different types of loans come with different terms in the interest of helping as many persons as possible who need the assistance FINANCIAL AID OFFICE OU Following is an excerpt from a hypothetical conversation between Amy Macintosh, a college person, her financial aid counselor, and Amy's parents, as they consider options for obtaining a loan to finance Amy's higher education. Fill in the blanks to provide the correct information COUNSELOR: Amy, I understand that you wish to obtain a person loan to help with your graduate school studies. Let's take a look at a variety of loans. The first thing we need to examine is your eligibility, meaning that you have no other outstanding loans AMY: I understand that I expected to contribute some funds to pay for my educational expenses. COUNSELOR: That's right. And since you've completed your undergraduate studies, I need to confirm that you meet another requirement, which is that you must loan to help out with the undergraduate degree. Amy doesn't R. MACINTOSH: She's all set there. Her mother and I took out a have any outstanding debt. COUNSELOR: Good. Then let's talk about paying back the loan you'll take out, Amy. Are you aware of the general terms regarding interest an timing of repayment? AMY: I think so. Interest will not start to accrue until begin until and repaying the loan isnt scheduled to because this loans COUNSELOR: Okay. Because it has the lowest interest rate and highest borrowing limit, I think I'll recommend you apply for a loan. But one word of caution Regardless of what kind of loan you take out, it's easy to build up debt not only while in school but afterwards, even with the good job your education should help you obtain legislation was passed ruling that you from the responsibility to repay person loans. AMY: Thank you for the information, advice, and warnings! I'm looking forward to starting the next phase of my education 2. Student loans The Cost of College The cost of college continues to rise. Fortunately, financial aid is available to both persons and their parents or guardians to pay for persons higher educations Loans are offered by government, private, and college-sponsored programs, Different types of loans come with different terms in the interest of helping as many persons as possible who need the assistance, FINANCIAL AID OFFICE OUX Following is an excerpt from a hypothetical conversation between Amy Macintosh, a college person, her financial aid counselor, and Amy's parents, as they consider options for obtaining a loan to finance Amy's higher education Full on the blanks to provide the correct information COUNSELOR: Amy, I understand that you wish to obtain a person loan to help with your graduate school studies. Let's take a look at a variety of loans. The first thing we need to examine is your eligibility, meaning that you have no other outstanding loans AMY: 1 understand that 1 expected to contribute some funds to pay for my educational expenses. COUNSELOR: That's right. And since you've completed your undergraduate studies, I need to confirm that you meet another requirement, which is that you must loan to help out with the undergraduate degree. Amy doesn't HR MACINTOSH: She's all set there. Her mother and I took out a have any outstanding debt. COUNSELOR: Good. Then let's talk about paying back the loan you'll take out, Amy. Are you aware of the general terms regarding interest and timing of repayment? COUNSELOR: Good. Then let's talk about paying back the loan you'll take out, Amy. Are you aware of the general terms regarding interest and timing of repayment? AMY: I think so. Interest will not start to accrue until and repaying the loan isn't scheduled to because this loan is begin until COUNSELOR: Okay. Because it has the lowest interest rate and highest borrowing limit, I think I'll recommend you apply for a loan. But one word of caution: Regardless of what kind of loan you take out, it's easy to build up debt not only while in school but afterwards, even with the good job your education should help you obtain legislation was passed ruling that you from the responsibility to repay person loans AMY: Thank you for the information, advice, and warnings! I'm looking forward to starting the next phase of my education

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