Ask Question
Social StudiesSocial Studies
29 July, 18:42

How is a federal loan different from a private loan for an education? A federal loan is available for any student who meets the government's lending standards. A private loan is only available for students who show a need. A federal loan is only available for students who show a need. A private loan is available for any student who meets the bank's lending standards. A federal loan can only be used to pay for a student's tuition. A private loan can be used to pay for a student's tuition and any other expenses. A federal loan can be used to pay for a student's tuition and any other expenses. A private loan can only be used to pay for a student's tuition.

+1
Answers (2)
  1. 29 July, 19:04
    0
    A Federal Loan is only available for students who show a need. A private loan is available for any student who meet the bank's lending standards.
  2. 29 July, 21:43
    0
    A federal loan is only available for students in need while a private loan is available for any student who meets the bank lending standards.

    Explanation:

    There are different types of loans that are offered to students which include federal loan and private loan.

    The students who are extra-ordinarily good at academics but financially not that stable are eligible for the federal loan. While the students who meet the lending standards of the bank can avail the private loan.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How is a federal loan different from a private loan for an education? A federal loan is available for any student who meets the ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Only 54,000 of the 76,000 Allied prisoners survived the Bataan a. Battle. c. Prison. b. Sinking. d. Death March.
Answers (2)
How can a group of senators get around the cloture? a. creating a protest by refusing to sit down during the other Senators' speeches c.
Answers (1)
This past year donna was promoted from eighth to ninth grade and was assigned a new school locker with a new combination. donna has found that she has trouble remembering her new combination because it is similar to her old one.
Answers (1)
What role did Greek and Roman traditions play in the development of the United States?
Answers (1)
Research on proximity and social attraction generally supports the view that
Answers (1)
New Questions in Social Studies
Did D-Day ultimately end German ambitions in Europe?
Answers (1)
The ___ is the goverment body that regulates political action committees
Answers (1)
What does the Executive Office of the President do for the President of the United States? A. supports and advises the president B. leads legislative departments C. nominates and advises the president D. leads all branches of the military
Answers (1)
Propose a mechanism for international enforcement of a way to prevent genocide in the future
Answers (1)
Why did Northerners dislike the Dred Scott decision?
Answers (2)
Home » Social Studies » How is a federal loan different from a private loan for an education? A federal loan is available for any student who meets the government's lending standards. A private loan is only available for students who show a need.
Sign Up Forgot Password?