Could someone verify to me the difference between a subsidized and unsubsidized loan?
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One is subsidized, one isn't
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google that shit. really google it. no one here will know
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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
One idiot after another. Is today national idiot day?
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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
One idiot after another. Is today national idiot day?
I'm actually quite smart. I just prefer to be funny
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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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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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