Page 1 of 1

Direct Subsidized Loans?????

Posted: Fri May 04, 2012 11:59 am
by mcdeeremitch
I was going through the entrace counseling for loans and direct subsidized loans kept coming up...are we eligble for this or just the Direct Plus Loan??

Re: Direct Subsidized Loans?????

Posted: Fri May 04, 2012 12:01 pm
by nshapkar
mcdeeremitch wrote:I was going through the entrace counseling for loans and direct subsidized loans kept coming up...are we eligble for this or just the Direct Plus Loan??

Direct Plus. The bill that raised the debt ceiling last year ended subsidized loans.

Re: Direct Subsidized Loans?????

Posted: Fri May 04, 2012 12:03 pm
by mcdeeremitch
nshapkar wrote:
mcdeeremitch wrote:I was going through the entrace counseling for loans and direct subsidized loans kept coming up...are we eligble for this or just the Direct Plus Loan??

Direct Plus. The bill that raised the debt ceiling last year ended subsidized loans.
ok i think i got it basically the "Direct Subsidized/Unsubsidized" is Stafford and the "Direct Plus" is the Grad plus loan?

Re: Direct Subsidized Loans?????

Posted: Fri May 04, 2012 12:06 pm
by sidhesadie
Yes, and graduate students are no longer eligible for subsidized stafford loans, they will all be unsubsidized.

Re: Direct Subsidized Loans?????

Posted: Fri May 04, 2012 12:06 pm
by nshapkar
mcdeeremitch wrote:
nshapkar wrote:
mcdeeremitch wrote:I was going through the entrace counseling for loans and direct subsidized loans kept coming up...are we eligble for this or just the Direct Plus Loan??

Direct Plus. The bill that raised the debt ceiling last year ended subsidized loans.
ok i think i got it basically the "Direct Subsidized/Unsubsidized" is Stafford and the "Direct Plus" is the Grad plus loan?

I'm not positive which is which. I just know subsidized loans are gone, which really sucks. The counseling thing keeps mentioning them probably because it hasn't been updated?

Re: Direct Subsidized Loans?????

Posted: Sun May 06, 2012 8:02 am
by tstyler98
nshapkar wrote:
mcdeeremitch wrote:
nshapkar wrote:
mcdeeremitch wrote:I was going through the entrace counseling for loans and direct subsidized loans kept coming up...are we eligble for this or just the Direct Plus Loan??

Direct Plus. The bill that raised the debt ceiling last year ended subsidized loans.
ok i think i got it basically the "Direct Subsidized/Unsubsidized" is Stafford and the "Direct Plus" is the Grad plus loan?

I'm not positive which is which. I just know subsidized loans are gone, which really sucks. The counseling thing keeps mentioning them probably because it hasn't been updated?
It might also be that there is one entrance counseling for everybody, including undergrads who are still eligible for subsidized loans.