Question 1 of the Financial Aid Fun Contest Released!

July 2nd, 2014 by Jonathan Frankel

question 122481648Financial Aid Fun Contest: Question 1

Deadline: July 9th at 3pm EST

International Student Loan and International Student have combined forces during the month of July to bring you three great chances to win $100! Yesterday the Financial Aid Fun contest was announced and today question 1 of the Financial Aid Fun Contest released! All you need to do is find the correct answer to the question (you can find help here), then post the correct answer either to this blog or one of the following:

International Student Facebook
International Student Twitter
International Student Loan Facebook
International Student Loan Twitter

If you submit the correct answer you’ll be entered into the drawing to win $100! You only have until July 9th at 3pm EST to submit your answer, so make sure you post your answer as soon as possible!

The question you must correctly answer is:

What is a co-signer?

Time is limited so start searching now and post your answer before the deadline. If you aren’t the winner this week make sure you come back next week. There will be a new question posted, meaning a new chance to win $100!

WINNER UPDATE:

If you missed the announcement of the winner for the first question- here he is:

Islam Taher

“A cosigner is someone who guarantees that if the borrower cannot pay back the loan, they will be legally responsible to pay back the debt. In other words, the cosigner is taking on a huge responsibility for the international student loan or study abroad loan since they are being asked to accept the responsibility of paying back the total loan amount plus any interest.”

Congrats Islam! For those who did not win, don’t worry, just answer our next question for a chance to win!

 


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