Subsidized loans have someone else pay the interest, while unsubsidized loans require the borrower to pay interest. Subsidized loans are often used for student loans and have specific eligibility requirements. Unsubsidized loans are available regardless of financial circumstances. Both types of loans can be held at the same time. The main difference between subsidized and […]
Unsubsidized loans allow students to finance their education, but interest begins accruing immediately. They can be obtained from various financial institutions, but don’t offer the same benefits as subsidized loans. They may be a good option for students who don’t qualify for grants or subsidized loans. The application process is simple. Unsubsidized loans are student […]