subsidized vs unsubsidized loan?
whats the difference? and which is better for a student loan? thanks!
Subsidized. Ususally this means the government is providing incentives to the lender to offer a “below-market” interest rate. This means than ultimately your payments will be lowe and you will pay less total $ for the loan. Also, subsidized loans may allow you to take on the loan and pay no interest on the balance while you are in school.
Make sure you qualify. Google “sallie mae” and other loan providers and read-up.
