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What is a federal direct student loan? This is loan that every student can borrow in their own name that is not based on credit. there are two different portions, subsidized and unsubsidized. The government will pay the interest that accrues while the student is in school on the subsidized portion while the student is responsible for any interest that accrues on the unsubsidized portion. once you accept your financial aid offer the financial aid office will notify you of next steps for this loan
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What is a federal direct student loan? This is loan that every student can borrow in their own name that is not based on credit. there are two different portions, subsidized and unsubsidized. The government will pay the interest that accrues while the student is in school on the subsidized portion while the student is responsible for any interest that accrues on the unsubsidized portion. once you accept your financial aid offer the financial aid office will notify you of next steps for this loan
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Now that financial aid offers are rolling out you will see the federal direct student loan in that offer because every student will qualify for one. some of you may see both a subsidized and unsubsidized direct student loan so let’s talk about the differences between the two. #fina#financialaide#parentsoftiktoks#fafsad#studentloans
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