What is the difference between the Subsidized and Unsubsidized Direct Loan?
A. With the Subsidized Direct Loan, the interest is paid by the government while you are in school. The interest on the Unsubsidized Direct Loan is not paid while you are in school. You have the option of paying the interest or deferring it until after you graduate at which time it will be added to the principle of the loan.
Related Questions
- What if I have exhausted my annual Federal Direct Subsidized/Unsubsidized Loan eligibility and I still have not reached the cost of attendance? How do I secure additional loans?
- What is the main difference between a Subsidized and Unsubsidized Direct Loan?
- What is the difference between a subsidized loan and unsubsidized loan?
