Which Statement Is True Regarding Direct Unsubsidized Loans

question 65

Multiple Choice

Which statement is true regarding direct unsubsidized loans?

• A)The federal government pays the loan's interest while the student is still in school.
• B)Such loans are made to undergraduate,graduate,and professional students.
• C)Students have to demonstrate financial need in order to receive the loans.
• D)All of the above are true.

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Definitions:

Direct Labor Cost

The total expense that a company incurs for employees who directly work on manufacturing products or performing services, including wages, benefits, and payroll taxes.

Automotive Repair Shop

A business establishment dedicated to repairing and maintaining vehicles, including cars and trucks.

Wages of Mechanics

Compensation paid to mechanics for their labor, typically based on an hourly rate or salary.

Conversion Cost

The sum of labor and overhead expenses incurred to convert raw materials into finished products.