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 loans were originally designed for middle income families that didn't qualify for grants or subsidized loans. You must apply for a Direct Subsidized loan before applying for an Unsubsidized loan. The interest rate for Unsubsidized loans for the 2013-2014 school year is shown below.