I just got my financial aid awards in for summer term and I'm very confused so if y ou can, please explain what this means:
They are giving me a DL Sub Stafford loan for about 1500, and a DL (?) Unsub Stafford loan for about
4700. So the total is about $6k.
What is the difference between then? I really only need the first amount for summer but do plan on going to school in the fall also. So do I have to accept it all or just a certain amount? Am quite lost.
Thanks in advance.
They are giving me a DL Sub Stafford loan for about 1500, and a DL (?) Unsub Stafford loan for about
4700. So the total is about $6k.
What is the difference between then? I really only need the first amount for summer but do plan on going to school in the fall also. So do I have to accept it all or just a certain amount? Am quite lost.
Thanks in advance.