Business, 03.12.2020 17:20 bcruz310

If you don't proactively choose a different repayment plan option, your Federal student loans will default to the Standard Plan, which has a term of
5%
10%
10 years
5 years

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if the repayment plan option is not chosen, then,, the loans will default to the Standard Plan which has a term of 10 years.

Federal student loans refers to a financial aid given to students through different program so that they can gain access to higher education.

The default repayment plan option for the Federal student loans is the Standard Plan which has a term of 10 years.

Therefore, the Option C is correct because the repayment plan option of the Federal student loans will default to the Standard Plan if not change by the student and thus, repayment will be scheduled to be complete in 10 years.

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Answer from: abby894927

10 years.

Explanation:

Federal student loans can be defined as a form of financial aid given to college or university students with varying financial means, so as to enable them gain access to higher education.

In the United States of America, the U.S Department of Education is saddled with the responsibility of administering the federal student loans.

Basically, there are four (4) types of federal student loans and these include;

1. Direct unsubsidized loans.

2. Direct subsidized loans.

3. Direct consolidation loans.

4. Direct PLUS loans.

If you don't proactively choose a different repayment plan option, your Federal student loans will default to the Standard Plan, which has a term of 10 years. Thus, the standard repayment plan for a federal student loan is used to divide the amount owed by the student, so he or she can pay the amount in installment for a period of 10 years.

Answer from: Quest

This statement is true.

Answer from: Quest

My first question is what benefits do you expect to achieve from career exploration? the benefits that i expect to achieve from career exploration. for me i think the benefits of exploring many different careers are that you get exposed to more, so it's easier for you to pick which one you like best. another benefit is that you get a more first hand view of what jobs are more likely to be needed in the future and that can be factored into your consideration. my second question is what do you expect to be the most challenging parts of your career planning process? why? the most challenging parts of my career planning process is trying to get things in order and trying to write this paragraph it is confusing and, hard work. and last but not least my third question is i think the most challenging part is taking the first step and really deciding on a career you want to pursue; there are so many options and it can be hard to choose.which jobs will allow me to make a living? ; what skills does emergency medical technician emergency medical services medical » physiology require?

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If you don't proactively choose a different repayment plan option, your Federal student loans will...

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