SpeechLaedy Posted June 28, 2017 Posted June 28, 2017 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 ?
Kristen Ackley Posted June 28, 2017 Posted June 28, 2017 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%
SpeechLaedy Posted June 28, 2017 Author Posted June 28, 2017 Yeah I saw the small diff in interest rate before. I guess the biggest difference is the amount they give you then. Hmm. Thanks!
Speechster Posted June 28, 2017 Posted June 28, 2017 20500 max unsubsidized. Need anything else you have to get a plus loan.
SpeechLaedy Posted June 28, 2017 Author Posted June 28, 2017 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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