Bowling Green State University - BGSU

Rank: 1997 / 5440

2 selected videos

What is the difference between a Subsidized and an Unsubsidized Loan?

Both Direct Subsidized and Direct Unsubsidized student loans are low-interest loans from the federal government to help students cover the cost of college. The major difference between the two types of loans is that the Direct Subsidized loan is based on financial need and you do not have to pay the interest on it while you are in school. With an Unsubsidized loan your interest will begin to accrue immediately upon disbursement. You have the option of making interest payments while you are in...

View more

Related topics : direct loan subsidized / direct student loan / student college loan

Federal Direct Loan Program

The Federal Direct Student Loan Program offers students a low-interest loan that must begin being repaid six months after the student graduates or stops attending college at least half time. The first type is the Unsubsidized Stafford Loan, which is non-need-based and starts accruing interest while the student is in school. The second type is the Subsidized Student Loan, which is need-based and starts accruing interest six months after the student graduates or leaves school.

http://sfa.bgsu.edu

View more

Related topics : student loan program / federal student loan / direct loan subsidized