Federal student loans come in two types: subsidized and unsubsidized. Direct subsidized loans are given to those with exceptional financial need. The U.S. Department of Education will cover the ...

The U.S. Department of Education announced federal student loan rates for the 2024 to 2025 academic year, and they're the highest they've been in over a decade. Interest on direct subsidized and ...

Unsubsidized loans accrue interest immediately, unlike subsidized where gov pays interest initially. Borrowers can apply for unsubsidized loans regardless of financial need, up to annual limits.