Financial Aid Step 7

Information:
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  2.  (valid email required)
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Questions:
  1. 1.) You will be required to sign a new MPN when:




  2. 2.) I will most likely receive my loan funds:




  3. 3.) Which of the following is true:





  4. 4.) I am entitled to reduce or cancel my loan at any time before I receive the loan funds.


  5. 5.) I am under no obligation to repay my loan if:





  6. 6.) When I withdraw from school:




  7. 7.) Which of the following repayment options requires a minimum monthly payment of and has a maximum repayment period of 10 years?




  8. 8.) If I use my six-month grace period on my current loan(s) and enter repayment, then return to school the next year:




  9. 9.) If I have been granted forbearance:




  10. 10.) When experiencing trouble making payments you should:





  11. 11.) I should notify my lender when:




  12. 12.) If I default on my loan:




Other:

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Step 1 - Stafford Entrance Topic 1 of 6: Applying for a Federal Stafford Loan
Step 2 - Stafford Entrance Topic 2 of 6: Loan Types
Step 3 - Stafford Entrance Topic 3 of 6: Understanding Student Loan Borrowing
Step 4 - Stafford Entrance Topic 4 of 6: Repayment of Your Student Loan
Step 5 - Stafford Entrance Topic 5 of 6: Solutions for Loan Repayment Problems
Step 6 - Stafford Entrance Topic 6 of 6: Delinquency and Default
Step 7 - Review what you’ve read and take the Financial Aid Entrance Quiz