Calculating Award Amounts - US Department of Education
maximum Unsubsidized Loan amo.unt $ 2,000 Unsubsidized Loan •Patrick is a dependent, first-year student. He has a COA of $16,000. His EFC is 2408. To date, Patrick has received $4,000 in scholarships from various sources. Calculate Patrick’s subsidized and unsubsidized loan amounts. ................
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