Federal Direct Loan

twoinanddone
Sat, 02 Apr 2016 15:47:38 +0000

That school may not know if your son will qualify for subsidized or unsubsidized just based on the information they have. It may be that your EFC is so close to the amount left to be covered by loans that it is hard to tell at this point whether the loans will be subsidized. Since the other school thinks $400 will be unsubsidized, I think you are very close to the EFC being covered.

However, it is a small amount either way. Yes, you’d rather have a subsidized loan but you are getting very close to full financial aid above your EFC. Of course the school with no loans at all might be the best deal.