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.
1 Direct Subsidized Loans: These loans are for students with financial need. 2  The school reviews your FAFSA application and determines the amount you can borrow. 3  No interest is charged while you are a student (as long as you are enrolled at least half-time), during the grace period, and during the deferment period. Direct Unsubsidized Loans: These loans are for any students, not just those with financial need. 2  Like with the Subsidized Loans, the school determines the amount you can borrow. 3  The difference is that interest accrues from the time the loan is paid out.