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Unsubsidized Stafford Loans. Unsubsidized Stafford loans accrue interest while in school, during grace periods and deferment periods. Students are not required to pay the accumulating interest during these periods, but if you choose not to pay, it will be added to the principle amount of your loan.
The term “Stafford Loan” may refer to a subsidized or unsubsidized Federal Stafford Loan that was made to students attending schools that previously participated in the Federal Family Education Loan (FFEL) Program.
Both Direct Subsidized Loans and Direct Unsubsidized Loans are low-interest federal student loans that can help you pay for the costs of college or career school. But before you accept either one, it’s important that you understand how they’re different so you can make the best choices for your situation.
Stafford Loans were a type of student loan issued by the federal government under the discontinued Federal Family Education Loan Program (FFELP). No new Stafford loans have been...
Federal Stafford Loans (Direct Loans) are the most popular type of student loans. They are offered as subsidized and unsubsidized loans.
Unsubsidized Direct Loans. Unsubsidized direct loans are available to all undergraduate and graduate students, regardless of financial need.
Stafford loans are a type of federal student loan that are either subsidized – the government pays the interest while you're in school – or unsubsidized.