| The second loan is PLUS. You can look up details, but essentially Cal is telling you that your parents (and it MUST be your parents) may take out the amount they showed as part of your financial aid package (you can actually take up to the entire COA with that loan).
They do that a lot with students with high EFC. You might be able to negotiate that down, but if your Demonstrated Need (as according to the calculation they show on your page) is met with your other loans and grants the chances of that are pretty slim.
The "Dir Loan Unsub" is an unsubsidized loan in your name, payments deferred (but not interest) until 6 months after you stop attending school full time. The "Parent Loan PLUS1" is an unsubsidized loan with immediate payback terms in your parents' name. |