WHAT ARE UNSUBSIDIZED LOANS?

what is the disproportion from a subsidized and unsubsidized loan?

{ 3 comments }

just not that February 11, 2014 at 1:28 pm

of the two, the subsidized are the better deal for you because the government pays (subsidized) the interest for you while you are in school so the amount that you borrow doesn’t increase while you are in school.

Irram February 11, 2014 at 1:41 pm

Unsubsidized loans are federally guaranteed loans that are not based on financial need. Interest does accrue from the time the loan is disbursed to the school. Additionally, there are maximum amounts you can receive per school year for dependent and independent students.

Subsidized loans are federally guaranteed loans based on financial need. Interest does not accrue on the loan while you are in school at least half time, or during any future deferment periods. The federal government “subsidizes” (or pays) the interest during these times. Additionally, there are maximum amounts you can receive per school year

PETA February 11, 2014 at 2:21 pm

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