All tests will include a combination of multiple-choice and scenario-based questions. The following examples are similar in structure and scope to the questions that will appear on the test for this topic.
1.The __________ is the maximum amount a student may borrow for the period of enrollment before considering any additional unsubsidized loan amount.
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2. Which of these students would be subject to proration of the Direct Loan annual loan limit?
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3. For purposes of applying the 150 percent limitation on borrowing Direct Subsidized Loans, a “new borrower” is defined as a student who
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4. The grace period is a period of time following graduation or termination of at least half-time enrollment during which
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5. A borrower who does not select a repayment plan is automatically placed on the __________ repayment plan.
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6. Entrance counseling is required for graduate PLUS Loan borrowers who have not previously borrowed a
Publication Date: 2/15/2017