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Which answer best describes an unsubsidized federal loan A You are responsible for paying all the interest that accumulates on your loan. B You are only responsible for the cost of the loan. C The federal
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Which answer best describes an unsubsidized federal loan

A You are responsible for paying all the interest that accumulates on your loan.


B You are only responsible for the cost of the loan.


C The federal government will cover the interest accumulated on the loan while you're in school.


D The federal government will only cover the interest accumulated on the loan if you graduate and earn a degree.

User Delfino
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1 Answer

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The correct answer is: A. You are responsible for paying all the interest that accumulates on your loan.

As soon as the loan is taken out, you have to pay interest and all. Answer choice C is a subsidized federal loan instead.
User MuntingInsekto
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