Across
- 2. the act of increasing the principal of a loan by adding the interest that builds while in school and 6 months following graduation.
- 3. need based federally backed loans with no payment or interest during school and 6 month period after graduation
- 5. formula used to calculate accrued interest
- 8. time given to students before required payments are expected, time in school plus 6 months
- 9. type of loan that allows parents or graduate students to borrow money for college costs and required to be creditworthy.
- 10. type of loan issued by bank, credit union, school or state agency
- 13. to put off interest during school and 6 month period after graduation
- 14. type of loan backed by government funds
- 15. not based on need, but federally backed loans with no payment required during school and 6 month period after graduation, with interest from time you receive the money
Down
- 1. types of schools like trade, vocational, or technical.
- 4. received by student once this form is completed and processed
- 6. type of loan for students with exceptional financial need
- 7. used to collect personal and financial data impacting loan and grant decisions
- 11. builds up, adds interest while in school and during 6 month period after graduation period
- 12. number of years given to pay back student loans