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Posted

Anyone know the difference between the Federal Direct Unsubsidized Loan and the Fed Direct Grad PLUS Loan?? I've been researching and trying to understand the difference but I don't recall seeing much difference ?

Posted

The interest rates. Also the amount you can borrow per year is different.

Direct Subsidized Loans

Undergraduate

4.45%

Direct Unsubsidized Loans

Undergraduate

4.45%

Direct Unsubsidized Loans

Graduate or Professional

6%

Direct PLUS Loans

Parents and Graduate or Professional Students

7%

Posted

Yeah I saw the small diff in interest rate before. I guess the biggest difference is the amount they give you then. Hmm. Thanks! 

Posted
3 minutes ago, Speechster said:

20500 max unsubsidized. Need anything else you have to get a plus loan. 

Ah okay so that is the main difference then. Thanks!!

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