Is it better to get a subsidized or unsubsidized loan?

+1 vote
asked Jun 20, 2018 in Financial Aid by Gustavs (370 points)
Is it better to get a subsidized or unsubsidized loan?

1 Answer

0 votes
answered Jun 21, 2018 by Christeen (70,120 points)
If possible it's better for you to get a subsidized loan because you'll save money on a subsidized loan because no interest will accrue on the subsidized loan like it would on an unsubsidized loan.

However sometimes you don't really have a choice when choosing between the two sometimes due to lack of financial need.

However a subsidized loan should be your choice if you have a choice between the two types of student loans.

101,013 questions

96,444 answers

1,285 comments

7,000,104 users

...