<p>According to my financial aid estimate I have the option of taking out 8250 dollars in loans: 3500 from the direct subsidized loans, 2000 from the direct unsubsidized loan, and 2750 from the Federal Perkins Loan. My EFC is 1,644. My parents are willing to contribute 5,000 in total to my financial aid which still leaves me about 4,894 dollars to take out in loans. What is the best way to take out these loans? I know that the unsubsidized loan is the worst option so I'll stay away from it but what is better, the subsidized or the federal perkins loan?</p>
<p>The sub loan and Perkins loans are BOTH subsidized. However, you can only take Perkins if you’re offered it.</p>
<p>I was offered both of those loans. Can you list the pros and cons of both if possible?</p>