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Federal Subsidized Stafford Loans - Not A Bad Option  

 

studentgrantshelporg
(@studentgrantshelporg)
Member Admin
Joined: 1 month  ago
Posts: 2
November 11, 2018 7:45 pm  

FYI So Subsidized Stafford Loans are just like any other federal student loan except a big key difference, the government pays your interest while you are in school.  So unlike with Unsubsidized Loans which don't go into repayment until after you graduate BUT accrue interest these wont grow while you're still in school.  

Loans are a last resort but this program isn't that bad.  You end school still owing the amount you paid and usually have a decent loan APR ( 5% ... as a student try and go out and get a 5% loan for anything, you wont get it) So its cheaper money....not free but cheaper.


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