which statement or statements accurately describe characteristics of subsidized stafford loan? i. grace…

which statement or statements accurately describe characteristics of subsidized stafford loan? i. grace period during which payments are not due ii. based on student need iii. student is responsible for all interest for the lifetime of the loan. a. i only b. ii only c. i and ii d. i and iii

which statement or statements accurately describe characteristics of subsidized stafford loan? i. grace period during which payments are not due ii. based on student need iii. student is responsible for all interest for the lifetime of the loan. a. i only b. ii only c. i and ii d. i and iii

Answer

Brief Explanations:

Subsidized Stafford loans have a grace - period where payments aren't due while in school at least half - time, and are need - based. The government pays the interest while the student is in school, during grace periods, and deferment periods, so the student is not responsible for all interest for the lifetime of the loan.

Answer:

c. I and II