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.
Unsubsidized Student Loans are federally guaranteed loans that are available for students who desire to pursue education, but lack the financial resources to do so. These loans are not based on financial need. Interest on the unsubsidized student loans starts to accrue as soon as the loan is disbursed to the school.