What is an Unsubsidized Loan?


Federal Unsubsidized Direct Stafford Loans are also available to students if they require additional money beyond what grants, scholarships, or subsidized loans cover. These loans will accrue interest while a student is in school. It is recommended that students pay the accruing interest while they are in school; otherwise the interest is capitalized on the loan. Capitalizing means that the interest is added to the principle amount of the loan and then interest accrues on that amount also.


Article ID: 3424
Thu 2/17/22 12:12 PM
Thu 2/17/22 12:12 PM