Federal Stafford Subsidized Loan

Federal Stafford Subsidized Loan

A low-interest loan available to post-secondary students with demonstrated financial need. Payments are deferred until six months after a student has ceased to be enrolled at least half-time in a degree or certificate-seeking program. The U.S. federal government makes interest payments for the student during this time. One must file the FAFSA to determine eligibility for a federal Stafford subsidized loan.
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The interest rate on federal Stafford subsidized loans doubled to 6.
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