What are Subsidized Federal Stafford Loans?
A. Loans that are available to students with demonstrated need. The amount that can be borrowed is based on the student’s class level, the school’s cost of attendance, and other financial aid the student may receive. Interest is paid by the federal government while the student is attending school, during the six-month grace period following graduation or following a change in enrollment status, and during specified loan deferment periods.
A. Subsidized loans are available to students with financial need. The amount that can be borrowed is based on the school’s cost of attendance minus other financial aid the student may receive, minus the expected family contribution. The loan amount can’t exceed the maximum loan amount allowed for the student’s grade level. Interest is paid by the federal government while the student is attending school, during the six-month grace period following graduation or following a change in enrollment status and during specified loan deferment periods.
