I just got my award info from my school. Here it is:
Financial Aid Award Fund Status Amount
Fdrl Direct Subsidized Loan Offered $5,500.00
Fdrl Direct Unsubsidized Loan Offered $5,000.00
Ohio Instructional Grant Accepted $1,290.00
Ohio Leader Scholarship Accepted $6,230.00
Ohio Resident Scholarship Accepted $4,850.00
Federal Pell Grant Accepted $4,050.00
Federal Perkins Loan Offered $2,500.00
Fed. Supp. Ed. Opp. Grant Accepted $1,000.00
Total $30,420.00
My question is, what's the difference between the unsubsidized and subsidized loans? What about the grant? What is so good about the Federal Perkins Loan? Should I take the loans that they are offering, or go through Sallie Mae (I already have several loans with them)? Thanks alot for answering.
2006-06-13
10:04:35
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16 answers
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asked by
Fat Guy
5
in
Financial Aid