Unsubsidized Student Loans Are They Worth It?

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Күн бұрын

Unsubsidized student loans vs Subsidized student loans - what's the difference? Which is worth it? This video will help you understand unsubsidized student loans and the difference between subsidized loan support so you can figure out which option is the best fit for your student, if any.
00:00 Student Loans
1:01 Federal Student Loans
4:15 Subsidized vs. Unsubsidized Loans
07:20 Limits on Borrowing
09:34 How to Receive the Loan
12:09 When to Pay Back the Loan
studentaid.gov/understand-aid...
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Пікірлер: 20

@TheScholarshipSystem 2 жыл бұрын

Did your student's department go over the financial aid package with you? Was it clear what was debt and what wasn’t on their offer? I'd love to know in the comments below!

@TaniaDTV Жыл бұрын

No, I had no idea, there were no explanations :(

@michaelmorris9546 29 күн бұрын

TCU (Texas Christian University) was very clear that the subsidized and unsubsidized loans were just that...loans.

@baileenciaga 2 жыл бұрын

Thank you for saving my life

@droza626 2 жыл бұрын

Can I use any of these loans to cover my cost for the Fall 2021 semester?

@TheScholarshipSystem 2 жыл бұрын

You may be able to, depending on which loan you pursue. Not all will allow you to backpay, however.

@nikkydeanb6050 2 жыл бұрын

They went over the student loan process with me. My question is does it get out into my student account or a bank account🤔 I want to buy a laptop and school supplies,unfortunately my school doesn’t have any of this🤦🏽‍♂️

@TheScholarshipSystem 2 жыл бұрын

It'll go to your school account first, cover the bill, then an excess will be sent to you in a check or transfer depending on how your school handles overages! You should also consider applying for scholarships - they may be able to replace those loans! I have a free training on how to get them here: thescholarshipsystem.com/freetraining

@tamarabeckham8760 Жыл бұрын

My child is attending a university this year. Her FASA stated a unsubsidized loan but she has received so many scholarships. Is this because of her net cost? Would the loan be in my name or hers shes not18 as of yet.

@TheScholarshipSystem Жыл бұрын

After the school receives the scholarship money, they will most likely update the financial aid award letter, possibly removing the unsubsidized loan.