Answered

Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Which of the following is TRUE about the Free Application for Federal Student Aid (FAFSA)?

A. Schools use it to determine a student's eligibility for private loans.
B. Schools use it to determine a student's eligibility for subsidized loans.
C. Schools use it to determine a student's eligibility for unsubsidized loans.
D. Schools use it to determine a student's eligibility for merit-based scholarships.

Sagot :

GinnyAnswer

Final answer:

FAFSA is used to determine eligibility for subsidized loans, which are awarded based on financial need, with the government paying the interest while students are in school.


Explanation:

Schools use the Free Application for Federal Student Aid (FAFSA) to determine a student's eligibility for subsidized loans.

Subsidized loans are awarded based on financial need, and the federal government pays the interest on these loans while the students are in school at least half-time, during the grace period, and during authorized periods of deferment.

Unsubsidized loans, on the other hand, are not based on financial need, and students are responsible for paying all the interest that accrues from the time the loan is disbursed.


Learn more about FAFSA and student loan eligibility here:

https://brainly.com/question/40329928


We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.