Direct Subsidized Loans
Both types offer numerous benefits including flexible repayment options low interest rates the option to consolidate loans and.
Direct subsidized loans. Annual loan limits are lower for direct subsidized loans than for direct unsubsidized loans. The total aggregate loan amounts are capped at 23 000 for subsidized loans. 2020 04 22t18 47 22z the letter f. Loan funds will not disburse until all requested documentation has been submitted and your aid application is considered to be complete.
A direct subsidized loan is the best kind of student loan you can get. The annual limit cannot exceed unt cost of attendance minus the other financial aid you receive. The federal direct subsidized loan is available to undergraduate students only and is based on established financial need. Unsubsidized loans both subsidized and unsubsidized loans are offered through the federal government but there are some key differences between them.
To qualify for a subsidized loan also called a direct subsidized loan you have to fill out the free application for federal student aid fafsa.