Took out a subsidized loan...then school changes it to unsubsidized?! How?

faithfirst2226
Sat, 23 Apr 2011 09:07:45 +0000

We just recieved the notice to sign the prom. note on the new unsubsidized loan, and it is quite confusing to me, the numbers still don’t make sense.

My ? is, does anyone know if we are obligated to go ahead with this loan, since we had already signed up for the first sub. loan? We would just rather pay the school, since we plan to turn around and pay off this loan immediately.