If a person qualifies, it is better to accept a subsidized loan before an unsubsidized loan because "a subsidized loan has lesser interest charges."
Though a subsidized loan is only available to specific people, such as undergraduate students, the interest rates remain the same throughout college years.
This is because the United States Department of Education helps cover the interest that should accrue over time.
Subsidized loans are also available to the post-baccalaureate teacher certification program and orphans of parents killed in Iraq and Afghanistan after the 9/11 incident.
Hence, in this case, it is concluded that a Subsidized loan has many advantages for those that qualify.
Learn more here: https://brainly.com/question/14252635
