Questions about Loans

A board designated for discussion of personal issues.
Forum rules
Due to the often sensitive nature of the discussions occurring in Life Issues, we ask that you be particularly considerate and respectful toward posters here. Violation of this request will be considered a violation of the rules.

Questions about Loans

Postby Applekai13 » June 20th, 2012, 6:49 pm

Hi people of SJ. :) I know most of you are in or graduated from college, so I was hoping you could help me out with some questions.

My mom is useless in this case- she never took out a loan.

Um, okay. Here we go. I'm being offered 3.5k in subsidized Stafford Loans and 2k in Unsubsidized Stafford loans. I intend to take out both.

1. What exactly is the difference between Subsidized and Unsubsidized loans? And with that, what advice do you have on paying each of these to keep cost down

2. I've been told I have to fill out forms, but I don't know where these are, or how to go about getting them :/

3. any other advice you have about taking out and paying these stupid things Xp

Thanks in advance guys.

I'm watching you..... so you better not steal my cookie.

Check out my SKETCHBOOK! -> AppleKai's Sketchbook
User avatar
Posts: 365
Joined: April 2nd, 2010, 12:26 pm
Location: North Carolina- the brown grass state

Re: Questions about Loans

Postby robybang » June 20th, 2012, 7:00 pm

This would probably answer your questions better.

To keep the amount of interest you owe low on both (but especially the unsubsidezed loans), you should probably pay them as you go rather than wait until your graduate.
three wrote:

User avatar
Posts: 3900
Joined: June 16th, 2008, 2:50 pm

Return to Life Issues

Who is online

Users browsing this forum: No registered users and 5 guests