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brandyg9
brandyg9 brandyg9
  • 14-01-2017
  • Business
Answered

Which type of loan requires that you pay the interest accumulated during college?

Verified Answer :

andriansp andriansp
  • 12-09-2017

The answer to this question is unsubsidized loan.
In unsubsidized loan for school payment, the interest will be accumulated and be added to the principal amount of the total loan that you make.
The difference between unsubsidized and subsidized loan is that unlike in subsidized loan, the government do not pay for the loan interest for unsubsidized loan.

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