Question 1.1. (TCO 5) You can only use federal, private, and
institutional loans to pay for college.
You can use scholarships, grants, and workplace
reimbursement in addition to federal, private, and institutional loans to help
fund your education. (Points : 6)
True
False
Question 2.2. (TCO 5) Delinquency or default on any type of
debt tracked by the credit bureaus can and will negatively impact your credit
score. (Points : 6)
True
False
Question 3.3. (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. (Points : 6)
True
False
Question 4.4. (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. (Points : 6)
True
False
Question 5.5. (TCO 5) Within the Student Finance item, you
can review which of the following? (Points : 6)
Financial
advisor contact info
Account summary
Account details
All the above
Question 6.6. (TCO 5) What does your borrowing status indicate?
(Points : 6)
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 7.7. (TCO 5) Your estimated monthly payment amount
is representative of (Points : 6)
federal student
loans.
private loans.
institutional
loans.
All of the
above
Question 8.8. (TCO 5) What federal repayment plan is used to
calculate your estimated monthly payment loan amount? (Points : 6)
Graduated plan
Extended plan
Pay as you earn
Standard
repayment plan
Question 9.9. (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. (Points : 6)
True
False
Question 10.10. (TCO 5) You have the ability to edit the
repayment details is in the Repayment Modeling section. This information
calculates the repayment plan amounts for standard, pay as you earn, extended,
and graduated. Fields necessary to edit your repayment details include adjusted
gross income, income growth rate, interest rate, and number in household. If
you make an edit, the information will be retained for future logins. (Points :
6)
True
False
