On federal subsidized loans, interest accrues only once the repayment period begins after the borrower graduates from school. (valuepenguin.com)
For example, if a borrower requests a $ 10,000 Federal Subsidized Loan with a 1.069 % origination fee, $ 106.90 will be deducted from the loan amount and $ 9,893.10 will be received by the borrower. (valuepenguin.com)
While the deal does increase Pell Grant amounts, it does so at the expense of federal subsidized loans. (thedigeratilife.com)