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Debt Destroy

Subsidized versus unsubsidized


JeanLorie Rep Points: 545
Posted on November 25, 2007 at 1:29 pm
A lot of student borrowers do not understand the difference between subsidized and unsubsidized student loans.  Unsubsidized loans can cost a student thousands more in interest, so students need to be aware of the total cost of the loan.  Read over the terms and conditions of your student loan to make sure you understand what type of loan you are getting.

twocents Rep Points: 115
Posted on June 8, 2008 at 5:27 pm
I just explained the difference to my sister who is getting ready to go to school.  I made sure all of mine were subsidized and I am glad I did.  I dont think I knew what the difference was at the time, but learned afterrwards.

Katia Rep Points: 930
Posted on March 23, 2009 at 6:57 pm
If you make enough money to live on, chances are you will not qualify for a federal subsidized loan. You may be able to find one from a private lender but I would not know how to go about that.

beautyqueen26 Rep Points: 6,185
Posted on March 24, 2009 at 9:33 pm
Thanks for the info. I didn't know the difference between the two types of student loans. But I do now. I hope to find more student grants, but they are rare and few and far in between. Will keep looking.