What is the difference between the Subsidized and Unsubsidized Stafford Loan?
With the subsidized Stafford Loan, the interest is paid by the government while you are in school. The interest on the Unsubsidized Stafford accrues while you are in school. You have the option of paying the interest or deferring it until after you graduate, at which time it will be added to the principle of the loan.
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- What is the difference between Federal Subsidized Stafford Loan and Federal Unsubsidized Stafford Loan?