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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic

loan types?
Replies: 13Last Post Aug. 29, 2008 7:31am by campusvitals
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( I heart nubs )


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Could someone verify to me the difference between a subsidized and unsubsidized loan?

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5:45 pm on Aug. 19, 2008 | Joined July 2008 | 131 Days Active
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Fortis Obscurum


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One is subsidized, one isn't

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Baron Samedi


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Quote: from Fortis Obscurum at 5:45 pm on Aug. 19, 2008

One is subsidized, one isn't

.

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Take thy beak from out my heart, and take thy form from off my door!
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MXfreak


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google that shit. really google it. no one here will know

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sup?

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WeepingWillow

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google can

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Quote: from Baron Samedi at 5:46 pm on Aug. 19, 2008

Quote: from Fortis Obscurum at 5:45 pm on Aug. 19, 2008

One is subsidized, one isn't

.


One idiot after another. Is today national idiot day?

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Endless, Hysteria...


5:47 pm on Aug. 19, 2008 | Joined July 2008 | 131 Days Active
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Fortis Obscurum


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Quote: from I heart nubs at 5:47 pm on Aug. 19, 2008

Quote: from Baron Samedi at 5:46 pm on Aug. 19, 2008

Quote: from Fortis Obscurum at 5:45 pm on Aug. 19, 2008

One is subsidized, one isn't
 

 .


One idiot after another. Is today national idiot day?


I'm actually quite smart.  I just prefer to be funny

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luvsos


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Quote: from MXfreak at 9:46 pm on Aug. 19, 2008

google that shit. really google it. no one here will know
. this

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I'm actually quite smart. I just prefer to be funny

But that wasn't funny. Just immature.

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silverbullets


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subsidized makes you pay it back. unsubsidised doesn't.

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FiercexMelon


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Quote: from silverbullets at 8:59 pm on Aug. 19, 2008

subsidized makes you pay it back. unsubsidised doesn't.

Doesn't loan imply the borrowing of money? If you didn't have to pay back a loan, would it still be a loan?


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Quote: from FiercexMelon at 6:03 pm on Aug. 19, 2008

Quote: from silverbullets at 8:59 pm on Aug. 19, 2008

subsidized makes you pay it back. unsubsidised doesn't.

Doesn't loan imply the borrowing of money? If you didn't have to pay back a loan, would it still be a loan?


I think he's right. I heard that somewhere too.

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6:54 pm on Aug. 19, 2008 | Joined July 2008 | 131 Days Active
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rijames99


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The terms by themselves are somewhat ambiguous, but in the context of school loans, a subsidized loan usually means the interest will be paid for you (by whatever agency is subsidizing the loan) while you're in school, while an unsubsidized loan will accrue interest, which will be deferred until you graduate and begin repaying the loan.


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campusvitals

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You can find a lot of answers about the types of student loans by visting http://www.campusvitals.com

All for Free

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