Asked by Elizabeth Ridgeway on Jun 19, 2024
Verified
If you take out a student loan, you will not have to pay interest.
Student Loan
Financial aid designed to help students pay for tertiary education expenses, such as tuition, books, and living costs, which is required to be repaid with interest.
Interest
Interest refers to the feeling of wanting to learn more about something or to be involved in something.
- Learn the conditions and implications of interest on student loans.
Verified Answer
LS
Lekshmi SudhaJun 22, 2024
Final Answer :
False
Explanation :
Student loans typically accrue interest from the time they are disbursed, except for certain federal student loans which may have periods where interest does not accrue, such as during deferment for subsidized loans.
Learning Objectives
- Learn the conditions and implications of interest on student loans.
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