Regarding student loans,which of the following is not true?
A)They are available for both undergraduate and graduate students.
B)Applications can be filled out on the Internet.
C)There is no limit on how much can be borrowed with each loan.
D)There is no limit on the number of loans one can have.
E)Interest may be tax deductible.

Question

Quizplus · Accepted Answer

There are indeed limits on how much can be borrowed with each loan, both for federal and private student loans. Federal loans have annual and lifetime limits, while private loans may have their own borrowing limits depending on the lender.

Regarding Student Loans,which of the Following Is Not True