Aleh290
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Everything posted by Aleh290
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Financial Aid/Funding for Dummies
Aleh290 replied to melars's topic in Speech-Language Pathology Forum
I was offered a 20.5K unsubsidized loan for grad school. Im having trouble understanding what the accrued interest means. Does it mean that the interest acquires every month until i begin to pay it? Im so confused. How does this work? The interest rate is 5.31% -
I was offered 20.5K in direct subsidized loan for grad school. I was reading on the website that unsubsidized loans have accrued interest and I'm having trouble understanding what that means.
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Financial Aid/Funding for Dummies
Aleh290 replied to melars's topic in Speech-Language Pathology Forum
Im having trouble understanding the interest portion of this. I was offered 20,500 in direct unsubsidized loan. On the website it says that the interest acquires for unsubsidized loans. Im having trouble understanding how thats going to work -
How doe they disburse the stipend? do they give you the money or does it go straight to tuition?