<p>Is there a deadline to accept the Unsubsidized Loan ? What is the interest of that loan? Can I defer my payment until I graduate ??</p>
<p>Is it better to apply some private loan or accept the Unsubsidized Loan??</p>
<p>Thank you guys !!</p>
<p>Always utilize all your federal loan options first. Always. Also, yes you can defer payment until 6 months after you graduate.</p>
<p>but the interest rate for Unsubsidized Loan is really high … Will I get lower interest rate if I get the money from private loan??</p>
<p>I don’t know. Maybe. Maybe not. Private loans are much more difficult to get unless you have someone to cosign for you. There may not be as many repayment options with a private loan. You could check around. Do what you think is best for you.</p>