Which of the following statement$($s$)$ is$/$are correct?

I. A subsidized loan means that there is no interest charged on the loan until repayment of the loan begins.

II$.$ An unsubsidized loan is one in which the borrower is charged interest on the principal from the moment of disbursement until the loan is repaid.

Question $8$ options:

$1)$

Both I and II

$2)$

II only

$3)$

I only