QUESTION IMAGE
Question
- which financial aid package options would be reduced by fees (deducted from each loan distribution)?
a. uw engineering alumni fund
b. uw madison grant
c. federal pell grant
d. direct subsidized federal loan
Brief Explanations
Grants are typically not reduced by fees as they are forms of financial - aid that do not need to be repaid. Loans, on the other hand, often have fees deducted from the loan distribution. The UW Engineering Alumni Fund and UW Madison Grant are grants, and the Federal Pell Grant is also a grant. The Direct Subsidized Federal Loan is a loan and is subject to fees.
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d. Direct Subsidized Federal Loan