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Printable Version of Topic "loan types?"

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-- Posted by I heart nubs at 5:45 pm on Aug. 19, 2008

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


-- Posted by Fortis Obscurum at 5:45 pm on Aug. 19, 2008

One is subsidized, one isn't


-- Posted by 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

.


-- Posted by MXfreak at 5:46 pm on Aug. 19, 2008

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


-- Posted by WeepingWillow at 5:46 pm on Aug. 19, 2008

google can


-- Posted by 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?


-- Posted by Fortis Obscurum at 5:48 pm on Aug. 19, 2008

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


-- Posted by forfallonyy at 5:48 pm on Aug. 19, 2008

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


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


-- Posted by I heart nubs at 5:49 pm on Aug. 19, 2008


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

But that wasn't funny. Just immature.


-- Posted by silverbullets at 5:59 pm on Aug. 19, 2008

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


-- Posted by 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?


-- Posted by I heart nubs at 6:54 pm on Aug. 19, 2008

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.


-- Posted by rijames99 at 9:09 pm on Aug. 19, 2008

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.


-- Posted by campusvitals at 7:31 am on Aug. 29, 2008

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

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