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Subsidized Federal Loans versus Unsubsidized Federal Loans

Friday, June 26, 2009

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Subsidized Federal Loans versus Unsubsidized Federal Loans

The difference between a subsidized loan and an unsubsidized loan is that the former is given based on financial need whereas the latter entails paying interest until the debts are repaid in full. An example of a subsidized loan is the Stafford Loan, either Direct or FFEL.  The amount loaned to a student depends upon whether [...]

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