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Which options will likely be most expensive for carla

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Carla's financial aid package from Magna University includes a grant as well as unsubsidized and subsidized Federal student loans. Her parents said they're also willing to cosign on her taking out a private student loan, if needed. Carla goes to her guidance counselor for help deciding which of these funding options to use first.

Problem 1: Which of the following options will likely be MOST expensive for Carla?

Option 1: Private loan

Option 2: Grant

Option 3: Unsubsidized federal student loan

Option 4: Subsidized federal student loan

Reference no: EM132765430

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