What is an unsubsidized loan?

Answer An unsubsidized loan is a loan that charges interest from the moment the bank disburses it. This is in contrast to a subsidized loan, which does not charge interest until the loan begins to be repa... Read More »

Top Q&A For: What is an unsubsidized loan

What is better subsidized or unsubsidized loan?

Dance:I'm guessing that both loans appear on your financial aid offer letter - probably a subsidized loan of $3500, and an unsubsidized loan of $2000.That's not a "choose one" option, although you'... Read More »

What is a federal direct unsubsidized Stafford Loan?

For college students who cannot afford to pay for their education, federal student loans like the direct unsubsidized Stafford Loan provide them with a low-interest, fixed-rate loan with flexible r... Read More »

What is the interest rate of the Ford federal unsubsidized loan?

According to the U.S Department of Education, as of 2010, the interest rate of the Ford federal unsubsidized loan is 6.8 percent for loans that originated after July 1, 1996. For loans that origina... Read More »

How to Apply for an Unsubsidized Stafford Loan?

Stafford loans, which are available for both undergraduate and graduate students, are federal loans. They have a fixed interest rate and most students qualify, regardless of their credit rating. St... Read More »