Browsing Tag

Interest

Key Differences Between a Subsidized and Unsubsidized Loans

September 2, 2013

I put up a blog post this morning about Canada Student Loans, and promptly received 4 emails asking if I knew anything about the differences between a subsidized and unsubsidized loans. Well, you’re in luck dear friends, as I just helped my sister’s friend navigate these chartered waters a few weeks ago.

 

Differences between subsidized and unsubsidized loans, student loans, canada student loans,

So if you’re looking into, and are curious ¬†about the two choices of subsidized and unsubsidized loans, here are some tips to remember.

But before we get to that part, I want to say that try and not take loans if possible. I know we’re conditioned to borrow money, but only do so if you have a payment plan already worked out and have played with a loan payment calculator for a long time. Trust me, you don’t want to be 35 and still have to be paying off your student loans.

Continue Reading