{"id":17698,"date":"2021-11-24T07:18:46","date_gmt":"2021-11-24T01:48:46","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=17698"},"modified":"2022-05-07T21:52:42","modified_gmt":"2022-05-07T16:22:42","slug":"subsidized-and-unsubsidized-loans-definition-how-much-can-you-borrow","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/subsidized-and-unsubsidized-loans-definition-how-much-can-you-borrow\/","title":{"rendered":"Subsidized and Unsubsidized Loans Definition : How much can you borrow?"},"content":{"rendered":"

Subsidized and Unsubsidized Loans Definition : How much can you borrow?<\/span><\/h2>\n

Subsidized and unsubsidized loans are federal student loans for eligible students to help cover the cost of higher education at a four-year college or university, community college, or trade, career, or technical school. The U.S. Department of Education offers eligible students at participating schools Direct Subsidized Loans and Direct Unsubsidized Loans.<\/p>\n

What\u2019s the difference between Direct Subsidized Loans and Direct Unsubsidized Loans?<\/span><\/h2>\n
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Who can get Direct Subsidized Loans?<\/h4>\n<\/div>\n
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Direct Subsidized Loans are available to undergraduate students with financial need.<\/p>\n<\/div>\n

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How much can you borrow?<\/h4>\n<\/div>\n
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Your school determines the amount you can borrow, and the amount may not exceed your financial need.<\/p>\n<\/div>\n

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Who will pay the interest?<\/h4>\n<\/div>\n
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The U.S. Department of Education pays the interest on a Direct Subsidized Loan<\/p>\n<\/div>\n

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    while you\u2019re in school at least half-time,<\/p>\n<\/div>\n<\/div>\n<\/li>\n

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    for the first six months after you leave school (referred to as a\u00a0<\/a>grace period<\/span>*), and<\/p>\n<\/div>\n<\/div>\n<\/li>\n

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    during a period of\u00a0deferment<\/span>\u00a0(a postponement of loan payments).<\/p>\n<\/div>\n<\/div>\n

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