A Federal Stafford Loan is a low interest, long-term loan program.
Subsidized Stafford Loan (SUB): This loan is awarded to students who demonstrate financial need. The federal government will subsidize or pay the interest on the loan during deferment periods.
Unsubsidized Stafford Loan (UNSUB): This loan is typically awarded to students who do not demonstrate financial need, but it may also be used to supplement a Subsidized Stafford Loan. Unlike the subsidized loan, interest will begin to accrue upon receipt of the loan check and the borrower is responsible for repaying all accrued interest.

DO I QUALIFY FOR A FEDERAL STAFFORD LOAN?

Category : Business, Loans
Source : http://info.kauaicc.hawaii.edu
Language : English
View : 675 views
Size : 200 Kb
Date : April 11th, 2010

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