A few days ago
Which loan is better subsidized or unsubsidized?
Are there any organizations that give scholarships to students with a 3.2 gpa or lower?
Top 0 Answers
A few days ago
Favorite Answer
There are plenty of organizations that give out scholarships based on other factors other than grades. Do a web search for them. Subsidized is better because the Government pays the interest while you are in college, Unsubsidized the interest accumulates while you are in college.
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5 years ago
Unsubsidized means that the interest will accumulate on your loan while you are in school and you will be responsible for the interest. This can potentially add thousands of dollars to your loan over the course of a college career. When you are out and have to pay back your loans, you will be paying back principal+years of interest+monthly interest in your payment. Subsidized means the government pays the interest on your loan while you are in school. When you are out and have to pay back your loans, you will be paying back prinicpal+monthly interest. Subsidized is the way to go. Use those first, if your needs are not met, then use the unsub too. You can always pick it up later if you need it.
0
A few days ago
A subsidized loan is better, because this means the federal government is paying the interest on your student loan while you’re in school. You won’t be accruing that extra little bit of debt. Unsubsidized loans are ones where the government does not pay the interest, so you have to.
There are plenty of organizations that give scholarships to students with students of your GPA, depending on your social group, interest, etc. Go to your financial aid office and talk to a financial aid advisor. They can help you look for the ones that will suit you. There are a ton of niche groups that offer grants and scholarships to people that are like them “single mothers returning to school” or “children of Vietnam vets” or “Korean American Baptists,” etc. Often you just need to show a need, write an essay, and fit within their parameters.
5
A few days ago
subsidized is better the loan doesnt gain interest until your done with school
5
5 years ago
Why are all the answers so dull and short these days?
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