Answered

Subsidized and Unsubsidized loans begin to accrue interest as soon as they are disbursed. The interest that accrues on ____ loans while the borrower is enrolled at least half time is paid by the U.S. Department of Education. The borrower is solely responsible for paying ALL of the interest that accrues on ___ loans.

Answer :

Emhicee

Answer:

subsidized, unsubsidized

Explanation:

A subsidized loan is a loan that is given to undergraduates student that need financial help. It is determined by the cost of attendance minus family contribution. It usually does not accrue any interests at half time or when studies are deferred. Most times part of the interest that accrues from the loan is paid by the Ministry of Education.

An unsubsidized loan on the other hand is one that is given out at undergraduates without resources. This type of loan accrues interests immediately and is to be paid by the students.

Cheers

Other Questions