Unsubsidized Student Loans Are They Worth It?

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  • Опубліковано 7 вер 2024

КОМЕНТАРІ • 22

  • @TheScholarshipSystem
    @TheScholarshipSystem  3 роки тому

    Did your student's department go over the financial aid package with you? Was it clear what was debt and what wasn’t on their offer? I'd love to know in the comments below!

    • @TaniaDTV
      @TaniaDTV 2 роки тому

      No, I had no idea, there were no explanations :(

  • @baileenciaga
    @baileenciaga 2 роки тому +1

    Thank you for saving my life

  • @nikkydeanb6050
    @nikkydeanb6050 2 роки тому +1

    They went over the student loan process with me. My question is does it get out into my student account or a bank account🤔 I want to buy a laptop and school supplies,unfortunately my school doesn’t have any of this🤦🏽‍♂️

    • @TheScholarshipSystem
      @TheScholarshipSystem  2 роки тому

      It'll go to your school account first, cover the bill, then an excess will be sent to you in a check or transfer depending on how your school handles overages! You should also consider applying for scholarships - they may be able to replace those loans! I have a free training on how to get them here: thescholarshipsystem.com/freetraining

  • @mujermujeron4713
    @mujermujeron4713 Рік тому

    We both go to school barely making it n they decided we should borrow I said nope

  • @droza626
    @droza626 2 роки тому +1

    Can I use any of these loans to cover my cost for the Fall 2021 semester?

    • @TheScholarshipSystem
      @TheScholarshipSystem  2 роки тому

      You may be able to, depending on which loan you pursue. Not all will allow you to backpay, however.

  • @tamarabeckham8760
    @tamarabeckham8760 Рік тому

    My child is attending a university this year. Her FASA stated a unsubsidized loan but she has received so many scholarships. Is this because of her net cost? Would the loan be in my name or hers shes not18 as of yet.

    • @TheScholarshipSystem
      @TheScholarshipSystem  Рік тому

      After the school receives the scholarship money, they will most likely update the financial aid award letter, possibly removing the unsubsidized loan.

  • @tamijohnson4057
    @tamijohnson4057 Рік тому

    How is interest calculated?

    • @TheScholarshipSystem
      @TheScholarshipSystem  Рік тому

      We have a great video that may help you: ua-cam.com/video/UUh9bnXOFzE/v-deo.html

  • @mujermujeron4713
    @mujermujeron4713 Рік тому +1

    No I decline

  • @eseogheneogaga8442
    @eseogheneogaga8442 8 місяців тому

    It was not and I’m $11k in debt with unsubsidized loans 😭

  • @michaelmorris9546
    @michaelmorris9546 3 місяці тому

    TCU (Texas Christian University) was very clear that the subsidized and unsubsidized loans were just that...loans.

    • @TheScholarshipSystem
      @TheScholarshipSystem  Місяць тому

      Glad they clarified that! Some schools word them in a confusing way.

  • @forest288
    @forest288 2 роки тому

    Don’t they give you years to pay back your loans?

    • @TheScholarshipSystem
      @TheScholarshipSystem  2 роки тому +2

      Unsubsidized student loans are set to a standard 10 year repayment term.

  • @kathyluebke3158
    @kathyluebke3158 2 роки тому

    Not at all

  • @kellycooper6080
    @kellycooper6080 2 роки тому

    I need help how do we contact you?