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Channel: Financial Aid & Scholarships — College Confidential
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understanding student loan: it's split subsidized & unsubsidized

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Can anyone explain the difference between the two loans and why it was split into two loans? We were granted Fed Direct Subsidized Loan - 695.00 Fed Direct Unsubsidized Loan- 4,805.00 any benefits to taking just the direct subsidized loan? is the split need based?

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