Biofuel is used for the same purposes as fossil fuels such as oil. It can not only power cars and lorries but can also be used to heat homes and fuel industry. Biofuels can be used to generate electricity.
Difference Between Subsidized & Unsubsidized Loans. Subsidized loans are loans in which someone other than the borrower pays some or all of the interest on the loan. With an unsubsidized loan, the borrower is responsible for all of the interest. These loans are most commonly used to pay for college.
The Bottom Line. Subsidized and unsubsidized Stafford Loans are designed to allow students with different levels of financial need to pay for higher education expenses. They are similar in many respects but also have important differences. For more information on Stafford Loans, consult your school's financial aid office.