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 Federal Government pays the interest for Direct Subsidized Loans while the student is in college or while the loan is in deferment. Interest begins accruing for Direct Unsubsidized Loans as soon as the loan is taken out.