What information is available in nslds

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Reference no: EM132191116

Question: 1. What information is available in NSLDS? (Check all that apply)

Your entire student loan history

Loan amount totals

Your Loan types

Your assigned federal loan servicers

2. What is the longest period of time that a forbearance may be placed on your account at one time?

As many months as you want

6-months

12 months

4-months

3. You can change your student loan repayment plan at any time once in repayment.

True

False

4. "During forbearance, interest will still accrue on your loans? " True
False

5. With REPAYE (Revised pay as you earn) what is the main factor used in determining your monthly payment amount?

Your income

Your monthly bills

Type of job you have

How many classes you took at school

6. You can still use deferment or forbearance options after your loans are in default.

True

False

7. Delinquency occurs at how many days past due on your loan repayment?

30 Days

90 days

1 Day

120 days

8. How much total Deferment time are you allowed over the life of your loan?

12 months

36 months

24 months

6 months

9. What is the name of the website that you complete your entrance and exit counseling on?

Studentloans.gov

NSLDS.ed.gov

Studentaid.gov

Fafsa.ed.gov

10. How many days do you have to resolve your delinquency before your loan officially Defaults?

270 days

200 days

360 days

100 days

11. How long typically is a grace period for federal student loans taken out in your name?

12-months

3-months

6-months

There is no grace period for school loans

12. " If you default on your student loans, the IRS may take your tax return to help repay them."

True

False

Reference no: EM132191116

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