podiatry tuition

[Podiatrist22]

Just wanted to know how the interest rate worked with tuition. I was told that we do not have a choice between subsidized and unsubsidized loans anymore and that interest rate is actually higher then before. Just wanted to know if this was true for all other medical fields. (post opinion if desired)

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[flyhi]

Just wanted to know how the interest rate worked with tuition. I was told that we do not have a choice between subsidized and unsubsidized loans anymore and that interest rate is actually higher then before. Just wanted to know if this was true for all other medical fields. (post opinion if desired)

Pretty sure it's a federal loan thing and has zero to do with what field you are going to study. Unsubsidized means the interest clock starts ticking when your loan is dispersed to you. Not sure how all schools do it, but at least one has your loan dispersed each semester instead of a lump sum for the year. This helps lower your interest cost. If you go to the FAFSA website, there is a good bit of info there.