Unsubsidized loan

Unsubsidized loan,

Definition of Unsubsidized loan:

  1. 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.

Meaning of Unsubsidized loan & Unsubsidized loan Definition