ANSWER

Score for this quiz: 60 out of 60

Submitted Sep 26 at 1:55am

This attempt took 14 minutes.

 

Question 1

6 / 6 pts

(TCO 5) You can only use federal, private, and institutional loans to pay for college.

   

True

 

Correct!

   

False

 

You can use scholarships, grants, and workplace reimbursement in addition to federal, private, and institutional loans to help fund your education.

 

Question 2

6 / 6 pts

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

Correct!

   

True

 

   

False

 

 

Question 3

6 / 6 pts

(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.

Correct!

   

True

 

   

False

 

 

Question 4

6 / 6 pts

(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.

Correct!

   

True

 

   

False

 

 

Question 5

6 / 6 pts

(TCO 5) Within the Student Finance item, you can review which of the following?

   

Financial advisor contact info

 

   

Account summary

 

   

Account details

 

Correct!

   

All the above

 

 

Question 6

6 / 6 pts

(TCO 5) What does your borrowing status indicate?

Correct!

  

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

6 / 6 pts

(TCO 5) Your estimated monthly payment amount is representative of

   

federal student loans.

 

   

private loans.

 

   

institutional loans.

 

Correct!

   

All of the above

 

 

Question 8

6 / 6 pts

(TCO 5) What federal repayment plan is used to calculate your estimated monthly payment loan amount?

   

Graduated plan

 

   

Extended plan

 

   

Pay as you earn

 

Correct!

   

Standard repayment plan

 

 

Question 9

6 / 6 pts

(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.

Correct!

   

True

 

   

False

 

 

Question 10

6 / 6 pts

(TCO 5) You have the ability to edit the repayment details is in the Repayment Modeling section.

Correct!

   

True

 

   

False

 

Quiz Score: 60 out of 60

PreviousNext

Submission Details:

 

SmartExpert

(118)

Status NEW Posted 29 Oct 2017 03:10 PM My Price 6.00

COL-----------L 1-----------48 -----------WEE-----------K 4----------- MA-----------NAG-----------ING----------- MY----------- LO-----------ANS----------- QU-----------IZ-----------

Attachments

file 1509290713-COLL 148 WEEK 4 MANAGING MY LOANS QUIZ.docx preview (300 words )

C-----------OLL----------- 14-----------8 W-----------EEK----------- 4 -----------MAN-----------AGI-----------NG -----------MY -----------LOA-----------NS -----------QUI-----------Z -----------ANS-----------WER----------- S-----------cor-----------e f-----------or -----------thi-----------s q-----------uiz-----------: -----------60Â----------- ou-----------t o-----------f 6-----------0 -----------Sub-----------mit-----------ted----------- Se-----------p 2-----------6 a-----------t 1-----------:55-----------am ----------- Th-----------is -----------att-----------emp-----------t t-----------ook----------- 14----------- mi-----------nut-----------es.----------- Â-----------  -----------Que-----------sti-----------on -----------1 -----------6 -----------/ 6----------- p-----------ts ----------- (T-----------CO -----------5) -----------You----------- ca-----------n o-----------nly----------- us-----------e f-----------ede-----------ral-----------, p-----------riv-----------ate-----------, a-----------nd -----------ins-----------tit-----------uti-----------ona-----------l l-----------oan-----------s t-----------o p-----------ay -----------for----------- co-----------lle-----------ge.----------- Â----------- Â ----------- T-----------rue----------- Â-----------  -----------Cor-----------rec-----------t! -----------  -----------  ----------- Fa-----------lse----------- Â-----------  -----------You----------- ca-----------n u-----------se -----------sch-----------ola-----------rsh-----------ips-----------, g-----------ran-----------ts,----------- an-----------d w-----------ork-----------pla-----------ce -----------rei-----------mbu-----------rse-----------men-----------t i-----------n a-----------ddi-----------tio-----------n t-----------o f-----------ede-----------ral-----------, p-----------riv-----------ate-----------, a-----------nd -----------ins-----------tit-----------uti-----------ona-----------l l-----------oan-----------s t-----------o h-----------elp-----------

Not Rated(0)

• Buy Answer