The difference between subsidized and unsubsidized loan are loan range amounts. Unsubsidized loans range is from $3,500-12,500. Subsidized loans range from $3,500-$5,500. Another difference between the two is that Subsidized are differed until the student graduates and Unsubsidized loans only defer the principal and not the interest of the loan.
A student is eligible for a refund if his or her account reflects a credit balance. Basically after the student's aid has paid for all of their classes and sometimes books if the school provides book vouchers, if there is still money left over the student will receive it as