Changing from unsubsidized to subsidized loans

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Changing from unsubsidized to subsidized loans

Postby twrennin » Tue Jan 05, 2010 9:21 am

Currently I am cosigned on my sons unsubsidized loan and paying a large amount of interest on a monthly basis. Can I get this loan changed to a subsidized loan so that I do not have to make those interest payments on a monthly basis?
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Re: Changing from unsubsidized to subsidized loans

Postby kristinem17 » Tue Jan 05, 2010 9:30 am

Unfortunately probably not. Subsidized loans are awarded based on financial need. If you son was not awarded a subsidized loan to begin with then you probably do not qualify.
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