Unsubsidized Loan

By Minh Tong Reviewed by Melissa Cook Updated Jan 05, 2023
Unsubsidized Loan

An Unsubsidized Loan is a type of student loan that requires repayment without the help of any financial assistance or subsidies. These types of loans are funded by the federal government and require students to pay interest on their loans while they are in school. This can make it a more expensive option than subsidized loans, but allows for greater flexibility in terms and conditions for repayment.

Unsubsidized loans may be available to students who do not qualify for subsidized loans, or those who wish to apply for additional funding above what they have been granted from the government. Repayment terms may vary depending on the lender and your specific financial situation, so you should carefully research all options before choosing an Unsubsidized loan to finance your education.

While an Unsubsidized loan is a valuable option for many students, it is important to be aware of the potential costs and benefits before making any decisions. With careful research, planning, and budgeting, an Unsubsidized loan may help you achieve your educational goals without sacrificing your other financial priorities.

Benefits of an unsubsidized loan

There are several benefits to choosing an Unsubsidized loan as a way to finance your education. These include:

  1. Flexible repayment terms and conditions, which may allow you greater control over how and when you pay back your loan.
  2. Access to more funding compared to other student loan options, giving you the opportunity to cover a wider range of educational expenses.
  3. The option to defer or postpone repayment while you are still in school, which can help reduce the financial burden of your education during this time.

While there are many advantages to choosing an Unsubsidized loan, it is important to consider all options and carefully research any lender before making a decision. With careful planning and budgeting, you can use an Unsubsidized loan to help finance your education without compromising other financial priorities. Speak with an Americor professional today about which loan may be best for you.


Minh Tong

Minh leverages decades of experience in marketing, sales management and technology to provide high-level advice and lead new initiatives. Minh has a Bachelor of Science in Business/Managerial Economics from University of California at Irvine. He brings over 20 years of sales and executive management experience to the company and his responsibilities include customer service improvement, professional development, and carrying out communications and marketing. Originally from the east coast, Minh resides in southern California and enjoys spending time with his family, going to the beach, and playing a variety of sports.