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The amount that a student may borrow with a Direct Unsubsidized Loan is determined by ______.


A. a federal formula

B. the U.S. Bank

C. the college the student attends

D. the U.S. Department of Education

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C. the college the student attends

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Answer:

C. The College the student attends.

Explanation:

According to Federal Student Aid, Direct Unsubsidized Loans:

  • Direct unsubsidized loans are available for undergraduate and graduate students; there is no requirement to demonstrate financial need.
  • The school determines the amount you can borrow based on your cost of attendance and other financial assistance you receive.
  • The student is responsible for paying the interest on an unsubsidized Direct Loan during all periods.