Question

Question 1.1. (TCO 5) You can only use federal, private, and institutional loans to pay for college. You can use scholarships, grants, and workplace reimbursement in addition to federal, private, and institutional loans to help fund your education. (Points : 6)

True

False

Question 2.2. (TCO 5) Delinquency or default on any type of debt tracked by the credit bureaus can and will negatively impact your credit score. (Points : 6)

True

False

Question 3.3. (TCO 5) The student portal contains self-service resources that provide valuable information regarding your Student Account and Financial Aid Awards, and is available 24/7 even after the campus or contact center is closed. (Points : 6)

True

False

Question 4.4. (TCO 5) To access the self-service resources related to student finances, you navigate to the Student Finance item from the menu bar within your student portal. (Points : 6)

True

False

Question 5.5. (TCO 5) Within the Student Finance item, you can review which of the following? (Points : 6)

Financial advisor contact info

Account summary

Account details

All the above

Question 6.6. (TCO 5) What does your borrowing status indicate? (Points : 6)

The loan borrowing status indicates your federal student loan utilization in relation to your grade level progression.

The loan borrowing status indicates your emotional well-being, just like a mood ring.

Both A and B

None of the above

Question 7.7. (TCO 5) Your estimated monthly payment amount is representative of (Points : 6)

federal student loans.

private loans.

institutional loans.

All of the above

Question 8.8. (TCO 5) What federal repayment plan is used to calculate your estimated monthly payment loan amount? (Points : 6)

Graduated plan

Extended plan

Pay as you earn

Standard repayment plan

Question 9.9. (TCO 5) In the Loan Detail tab of Manage My Loans, you are able to manually enter institutional loan or private loan information from other institutions you attended. (Points : 6)

True

False

Question 10.10. (TCO 5) You have the ability to edit the repayment details is in the Repayment Modeling section. This information calculates the repayment plan amounts for standard, pay as you earn, extended, and graduated. Fields necessary to edit your repayment details include adjusted gross income, income growth rate, interest rate, and number in household. If you make an edit, the information will be retained for future logins. (Points : 6)

True

False

 

 

    • 7 years ago
    Coll148 Week 4 Quiz 2017
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      coll148_week_4_quiz_2017_90__grades.docx