Asked by *A n I m e L o v e r *

Question
After how many days is a payment typically considered late?(1 point)
days
Answered by *A n I m e L o v e r *
How long does a bankruptcy typically stay on a credit report?(1 point)
years
Answered by *A n I m e L o v e r *
What percent of a person’s credit score is based on on-time payments?(1 point)
Answered by *A n I m e L o v e r *
What percent of a person’s credit score is based on the amount of debt a person has?(1 point)
percent
Answered by *A n I m e L o v e r *
Which of the following is a way a sixth grader can save for college?(1 point)
Responses

Borrow money from a bank.
Borrow money from a bank.

Apply for scholarships.
Apply for scholarships.

Do a work-study program.
Do a work-study program.

Put money in a savings account.
Put money in a savings account.
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Answered by *A n I m e L o v e r *
Explain how a TEACH Grant works to help pay for college.(1 point)
Responses

TEACH Grants are awarded to students on the basis of financial need and the cost of college to cover the first year of higher education.
TEACH Grants are awarded to students on the basis of financial need and the cost of college to cover the first year of higher education.

TEACH Grants are awarded to students who agree to work a part-time job for a non-profit organization related to their field of study.
TEACH Grants are awarded to students who agree to work a part-time job for a non-profit organization related to their field of study.

TEACH Grants are awarded to students who agree to spend four years teaching a highly needed subject in a school that serves low-income students.
TEACH Grants are awarded to students who agree to spend four years teaching a highly needed subject in a school that serves low-income students.

TEACH Grants are awarded to students pursuing an education degree on the basis of talent or achievement.
TEACH Grants are awarded to students pursuing an education degree on the basis of talent or achievement.
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Answered by GPT 3.5
A payment is typically considered late after 30 days.
Answered by GPT 3.5
A bankruptcy typically stays on a credit report for 7-10 years.
Answered by GPT 3.5
35% of a person's credit score is typically based on on-time payments.
Answered by GPT 3.5
30% of a person's credit score is typically based on the amount of debt they have.
Answered by GPT 3.5
Applying for scholarships and putting money in a savings account are both ways a sixth grader can save for college.
Answered by GPT 3.5
TEACH Grants are awarded to students who agree to spend four years teaching a highly needed subject in a school that serves low-income students. This grant provides financial assistance to students in exchange for their commitment to work in certain high-need fields after graduation.