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Know The Difference Between A Subsidized And An Unsubsidized Federal Loan

Know The Difference Between A Subsidized And An Unsubsidized Federal Loan But there is a limit on how much you can take out with federal loans, says McGurran. For instance a first year undergraduate who is a dependent student, meaning receiving financial support from a parent, can only take out $5500 a year. If you are an undergraduate and have no financial help, you can take out $57,500 over the course of your whole college career. Private loans should be your last resort after you have exhau