Problemas
Colleges and universities use funds from a Direct Stafford Loan to pay for __ first. Leftover funds are then disbursed to the student borrower. A. Pell Grants B. school charges C. transcripts D. Perkins Loans
Roztwór
Patricia
maestro · Tutor durante 5 años
4.3
(291 Votos)
Respuesta
B. school charges
Explicación
## Step 1The problem is asking us to identify what the leftover funds from a Direct Stafford Loan are used for after the school charges have been paid. The options provided are: A. Pell Grants, B. school charges, C. transcripts, and D. Perkins Loans.## Step 2We need to understand what each of these options represents. - Pell Grants are a type of federal financial aid that does not need to be repaid, unlike loans. They are not used to pay for leftover funds from a loan.- School charges are the costs associated with attending the school, such as tuition, fees, and other expenses. These are typically the first expenses that the funds from a loan are used to pay.- Transcripts are official records of a student's academic performance. They are not typically paid for with loan funds.- Perkins Loans are a type of federal student loan for undergraduate and graduate students with exceptional financial need. They are not used to pay for leftover funds from a loan.## Step 3Based on the above understanding, the leftover funds from a Direct Stafford Loan are typically used to pay for school charges.