China's environmental crisis is one of the most pressing challenges to emerge from the country's rapid industrialization. Its economic rise, which has averaged around 10 percent annual GDP growth for the past decade, has come at the expense of its environment and public health.
Subsidized loans are offered to undergraduate students who are eligible on the basis of calculated need, while unsubsidized loans are available to both undergraduate and graduate students even for those who do not qualify for need-based financial aid.
To receive a subsidized Stafford loan, students must meet specified criteria for low family income as determined by the FAFSA (Free Application for Federal Student Aid). The unsubsidized loan has no income requirements. In addition, only undergraduates are eligible for subsidized loans.