What is the meaning of unsubsidized loan?
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Works at the International Air Transport Association, Lives in Montreal, Canada.
A loan in which interest is applied as soon as money is dispersed to a borrower. With an unsubsidized loan, the borrower will be charged interest on top of interest that has already accrued on the account.
2023-06-19 05:39:27
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A loan in which interest is applied as soon as money is dispersed to a borrower. With an unsubsidized loan, the borrower will be charged interest on top of interest that has already accrued on the account.