loans awarded based on financial need. Subsidized Stafford Loans are interest-free while the student is enrolled at least half-time, during the six-month grace period, and during any periods of authorized deferment.
Loans that are interest free to the borrower during school, grace, and other authorized deferment periods. Examples include Federal Subsidized Stafford (either FFELP or Direct), Federal Perkins, Primary Care Loans (PCL), Loans for Disadvantaged Students (LDS), Health Professions Student Loans (HPSL), and some institutional loans (check your promissory note or ask your medical school financial aid officer).
A loan based on financial need where the Federal government pays the interest during the borrower's in-school, grace and deferment periods.
The Federal government pays the interest that accrues to subsidized loans during all in-school, grace, authorized deferment, and (if applicable) post-deferment grace periods if the loan meets certain eligibility requirements. Examples include Stafford (either FFELP or direct), Perkins, Loans for Disadvantaged Students (LDS), and Health Professions Student Loans (HPSL).
Loans on which the Federal Government pays the interest until the student enters repayment. When the loan has been granted a deferment, the government pays the interest during the deferment period.
loans for which the Federal Government pays the accrued interest during any approved deferment periods
Loans on which the federal government pays the interest until the student enters repayment as well as during periods of deferment. Subsidized loans are awarded on the basis of financial need.
Loans on which the federal government pays the interest until the student enters repayment, as well as when the loan has been granted a deferment; during the deferment period the government pays the interest.
The U.S. Department of Education pays the interest on such loans while the borrower is in school and during grace and deferment periods.
