What are Federal Subsidized Stafford Loans?
Students with federal eligibility may also qualify for Federal Subsidized Stafford Loans of up to $3,500 for freshmen, $4,500 for sophomores, and $5,500 for juniors and seniors. This loan a fixed rate of 5.6%. The federal government pays the interest during enrollment and periods of deferment. Repayment begins six months after you cease attending college at least half-time.
