The difference between the subsidized and subsidized loans is that subsidized are more need based and do not need to be payed while you are enrolled in school, they also have more strict requirements. Unsubsidized loans on the other hand require payment while enrolled.

The total loan plus Interest came out to $22005.95 after four years, compounded annually, using an unsubsidized loan. To pay this over ten years in monthly payments it would cost $183.38 per month.

A= 5000(1+.0386) A=5193
A= 5193(1+.0386) A=5393.45
A= 5393.45(1+.0386) A=5601.64
A= 5601.64(1+.0386) A=5817.86