Subsidized vs. Unsubsidized Student Loans: Which Costs More?

Posted by IPFW Admissions Team on 11/10/15 8:00 AM

If you’ve just received your financial aid offer from your college, you might see two different categories of student loan: subsidized and unsubsidized. Great. As if student loans weren’t complicated enough, now you’re finding out there are two different kinds?!

What does it mean to “subsidize” a loan? Who is doing the subsidizing? And, most importantly, how much is this going to cost you?

Don’t panic. We’re here to help you make sense of the difference between subsidized and unsubsidized student loan.

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Topics: Financial Aid, Student Loans

How Much in Student Loans is Too Much?

Posted by IPFW Admissions Team on 10/27/15 8:00 AM

Short answer: it depends.

Long answer: Everyone’s financial situation is different. Whether you’re receiving a robust financial aid package, getting help from your family, receiving a scholarship, or working summers to pay off your textbooks, only you can make the decision about how much extra help you need.

So while we can’t answer the question of how much in student loans is too much, we can try to offer some advice on how to think critically about your loan offers before you accept them.

In the end, only you can decide when to say “when.”

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Topics: Financial Aid, Student Loans

Applying for Student Loans: What to Expect Step-by-Step

Posted by IPFW Admissions Team on 2/26/15 11:33 AM

Although your financial aid package will likely consist of many types of financial assistance—grants, scholarships, Work-Study funding—chances are you’ll end up needing to take out a loan. It’s more common than you might think: 7 out of every 10 college seniors who graduated from public and nonprofit colleges in 2013 had student loan debt.

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Topics: Financial Aid, Student Loans

Avoiding the Dreaded Student Debt; Advice from Real Graduates

Posted by IPFW Admissions Team on 1/28/15 3:01 PM

Student loan debt—the very phrase can strike fear into the hearts of college graduates everywhere. In 2012, the average college student graduated with $29,400 in student debt, and that number continues to climb; in fact, the student loan default rate is now higher than the national graduation rate. Scary stuff, right?

So what can you do?

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Topics: Financial Aid, Student Loans





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