Education Loans, Honestly · Course check

Course check

3 questions. Get them all right and the Borrowed Money seal is yours. Get one wrong and you can reread and try again — as many times as you like, and nothing is recorded against you.

1. What does a moratorium typically pause?

   Both repayment and interestInterest, while repayment continuesRepayment, while interest usually continues to accrue

2. Which figure matters most when judging affordability?

   The sanctioned amountThe application feeThe outstanding balance when repayment begins

3. What reduces the cost of borrowing most reliably?

   Negotiating a fraction of a percent on the rateExtending the tenureLowering the principal through scholarships, cheaper cities or shorter routes