What is a subsidized loan? If you’re perhaps not clear on the solution, you’re not the only one. Trying to get university is hard sufficient, but locating means to fund your expenses, space and board, along with other costs may be also harder. The FAFSA (free application for federal pupil aid) lets you streamline the method thereby applying for numerous kinds of federal educational funding at a time. One of these simple is named a subsidized loan. You could also hear them described as Subsidized Stafford Loans.
What exactly is a loan that is subsidized?
A subsidy is a sum of cash awarded because of the national federal government to greatly help reduce the price tag on a commodity or solution.