Fed. Direct Unsubsidized stafford

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
sangr
Posts: 459
Joined: Sun Jun 07, 2009 4:45 pm

Fed. Direct Unsubsidized stafford

Postby sangr » Fri Jul 27, 2012 6:47 pm

hi guys,

so is this loan type have NO subsidizing of 8500? cuz the help thread below says we are. but im guessing since this ones labeled unsubsidized i get nothing back?

thanks

joetheplumber
Posts: 178
Joined: Sat Sep 18, 2010 7:23 pm

Re: Fed. Direct Unsubsidized stafford

Postby joetheplumber » Sat Jul 28, 2012 3:24 pm

sangr wrote:hi guys,

so is this loan type have NO subsidizing of 8500? cuz the help thread below says we are. but im guessing since this ones labeled unsubsidized i get nothing back?

thanks


New law passed by Congress is in effect July 2012 which states that there will be no more subsidized loans for graduate students. It will be clear in the eFAN you receive

sangr
Posts: 459
Joined: Sun Jun 07, 2009 4:45 pm

Re: Fed. Direct Unsubsidized stafford

Postby sangr » Sat Jul 28, 2012 9:09 pm

1) yet this is still better than the GRADPLUS LOAN right?

2) what exactly is the process to accept these loans? just click accept through my financial aid website and is most of the work done?

thanks




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