During deferment, you are generally not responsible for paying the interest that accrues on certain loan types such
as Direct Subsidized Loans and Federal Perkins Loans.
responsible for paying the interest that accrues on certain loan types such
as Direct Subsidized Loans and Federal Perkins Loans.
Not exact matches
Here are some of the main differences between
subsidized and unsubsidized
loans, which are also referred to
as «
direct» or «Stafford»
loans.
Borrowers who select a Pay
As You Earn repayment program are eligible if they have
Direct Stafford
Loans, subsidized or unsubsidized, Direct PLUS loans to students, or consolidation loans that do not include PLUS loans made to par
Loans,
subsidized or unsubsidized,
Direct PLUS
loans to students, or consolidation loans that do not include PLUS loans made to par
loans to students, or consolidation
loans that do not include PLUS loans made to par
loans that do not include PLUS
loans made to par
loans made to parents.
Federal student
loans categorized as Direct Stafford Loans comes in two broad types: subsidized and unsubsidized l
loans categorized
as Direct Stafford
Loans comes in two broad types: subsidized and unsubsidized l
Loans comes in two broad types:
subsidized and unsubsidized
loansloans.
Subsidized and unsubsidized
loans are often known as Stafford Loans and Direct Stafford L
loans are often known
as Stafford
Loans and Direct Stafford L
Loans and
Direct Stafford
LoansLoans.
Deferment is doubly helpful for
Direct Subsidized Loans,
as it stops interest from accruing.
Qualifying
loans include Direct Subsidized and Unsubsidized Loans, Graduate PLUS Loans (but not Parent PLUS Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
loans include
Direct Subsidized and Unsubsidized
Loans, Graduate PLUS Loans (but not Parent PLUS Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
Loans, Graduate PLUS
Loans (but not Parent PLUS Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
Loans (but not Parent PLUS
Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
Loans) and consolidation
loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
loans made after October 1, 2011,
as long
as the consolidation
loans do not include Direct or FFEL Loans made before October 1,
loans do not include
Direct or FFEL
Loans made before October 1,
Loans made before October 1, 2007.
As we detailed in Part 2, direct unsubsidized loans to undergraduates carry the same low rate as subsidized loans, but interest starts piling up as soon as you take the loan out — while you're still in school, in other word
As we detailed in Part 2,
direct unsubsidized
loans to undergraduates carry the same low rate
as subsidized loans, but interest starts piling up as soon as you take the loan out — while you're still in school, in other word
as subsidized loans, but interest starts piling up
as soon as you take the loan out — while you're still in school, in other word
as soon
as you take the loan out — while you're still in school, in other word
as you take the
loan out — while you're still in school, in other words.
Direct subsidized loans and Perkins
loans through the Department of Education generally meet this, but you can't borrow
as much, and you need to demonstrate financial need.
Borrowers who select a Pay
As You Earn repayment program are eligible if they have
Direct Stafford
Loans, subsidized or unsubsidized, Direct PLUS loans to students, or consolidation loans that do not include PLUS loans made to par
Loans,
subsidized or unsubsidized,
Direct PLUS
loans to students, or consolidation loans that do not include PLUS loans made to par
loans to students, or consolidation
loans that do not include PLUS loans made to par
loans that do not include PLUS
loans made to par
loans made to parents.
Other
loans, such as Direct Subsidized and Unsubsidized Loans, are available without a credit check and without a cosi
loans, such
as Direct Subsidized and Unsubsidized
Loans, are available without a credit check and without a cosi
Loans, are available without a credit check and without a cosigner.
You can receive a
Direct Subsidized Loan if you have financial need
as determined by the results of your FAFSA.
However, the interest rates on
direct subsidized loans are the same
as their unsubsidized counterpart.
Direct subsidized and unsubsidized
loans count,
as do
Direct PLUS
loans given to graduate and professional students, and only
Direct Consolidation
loans without underlying PLUS
loans made to parents are included.
A
Direct Subsidized Stafford
loan is based upon financial need, and the amount of
loan available can't exceed that need (
as determined by your completed FAFSA).
After you have proven that you need financial assistance in paying for your tuition, the U.S. Department of Education will pay the interest on your
Direct Subsidized Loans while you are enrolled in school,
as long
as you are attending at least half - time.
While they both come from the Department of Education and serve the same purpose, there are some distinct differences between
Direct Subsidized Loans and
Direct Unsubsidized
Loans, or sometimes referred to
as Stafford
Loans or
Direct Stafford
Loans.
Whether you receive
Direct Subsidized Loans or Direct Unsubsidized Loans, or both, it is important to understand the differences between the loans as well as the criteria of
Loans or
Direct Unsubsidized
Loans, or both, it is important to understand the differences between the loans as well as the criteria of
Loans, or both, it is important to understand the differences between the
loans as well as the criteria of
loans as well
as the criteria of both.
My student
loan burden
as of right now is $ 180,953.75 in Federal
Loans (Consolidated — and not consolidated — Direct & FFEL Stafford Unsubsidized and Subsidized Loans, and Perkins loans to b
Loans (Consolidated — and not consolidated —
Direct & FFEL Stafford Unsubsidized and
Subsidized Loans, and Perkins loans to b
Loans, and Perkins
loans to b
loans to boot).
As we detailed in Part 2, direct unsubsidized loans to undergraduates carry the same low rate as subsidized loans, but interest starts piling up as soon as you take the loan out — while you're still in school, in other word
As we detailed in Part 2,
direct unsubsidized
loans to undergraduates carry the same low rate
as subsidized loans, but interest starts piling up as soon as you take the loan out — while you're still in school, in other word
as subsidized loans, but interest starts piling up
as soon as you take the loan out — while you're still in school, in other word
as soon
as you take the loan out — while you're still in school, in other word
as you take the
loan out — while you're still in school, in other words.
One of the most common federal
loans is the
Direct Loan that comes
as subsidized and unsubsidized.
Pay
As You Earn Repayment Plan
Direct Subsidized and Unsubsidized
Loans, Direct PLUS loans made to students, Direct Consolidation Loans that do not include (Direct or FFEL) PLUS loans made to par
Loans,
Direct PLUS
loans made to students, Direct Consolidation Loans that do not include (Direct or FFEL) PLUS loans made to par
loans made to students,
Direct Consolidation
Loans that do not include (Direct or FFEL) PLUS loans made to par
Loans that do not include (
Direct or FFEL) PLUS
loans made to par
loans made to parents.
Qualifying
loans include Direct Subsidized and Unsubsidized Loans, Graduate PLUS Loans (but not Parent PLUS Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
loans include
Direct Subsidized and Unsubsidized
Loans, Graduate PLUS Loans (but not Parent PLUS Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
Loans, Graduate PLUS
Loans (but not Parent PLUS Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
Loans (but not Parent PLUS
Loans) and consolidation loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
Loans) and consolidation
loans made after October 1, 2011, as long as the consolidation loans do not include Direct or FFEL Loans made before October 1,
loans made after October 1, 2011,
as long
as the consolidation
loans do not include Direct or FFEL Loans made before October 1,
loans do not include
Direct or FFEL
Loans made before October 1,
Loans made before October 1, 2007.
Direct Unsubsidized and
Subsidized Loans, and Direct PLUS loans for graduate students (Grad PLUS) offer a wide range of repayment assistance options including forgiveness for qualified borrowers, forbearance, deferments, and Income - Based Repayment (IBR) or Pay As You Earn (PAYE and REPAYE) plans that tailor the monthly payments to your income l
Loans, and
Direct PLUS
loans for graduate students (Grad PLUS) offer a wide range of repayment assistance options including forgiveness for qualified borrowers, forbearance, deferments, and Income - Based Repayment (IBR) or Pay As You Earn (PAYE and REPAYE) plans that tailor the monthly payments to your income l
loans for graduate students (Grad PLUS) offer a wide range of repayment assistance options including forgiveness for qualified borrowers, forbearance, deferments, and Income - Based Repayment (IBR) or Pay
As You Earn (PAYE and REPAYE) plans that tailor the monthly payments to your income level.
Direct Unsubsidized and
Direct Subsidized Loans (also known as Stafford loans) are the most common types of federal loans made to undergraduate and graduate stud
Loans (also known
as Stafford
loans) are the most common types of federal loans made to undergraduate and graduate stud
loans) are the most common types of federal
loans made to undergraduate and graduate stud
loans made to undergraduate and graduate students.
Direct subsidized loans typically have slightly better terms to help students with financial need while they were in school,
as students do pay interest while attending college at least part time (6 credits).
The current interest rates for both
subsidized and unsubsidized versions of the
Direct Loans sit at 4.45 percent
as a fixed rate for the duration of the
loan.
As a general idea though,
direct subsidized loans have a grace period of six months.
To qualify for the REPAYE program, you must either have a
Direct Loan — meaning that it came directly from the U.S. Government under the
Direct Loan Program
as opposed to Perkins
Loans (where the school is the lender) or
subsidized or unsubsidized Stafford
Loans.
As a graduate student, I only was able to qualify for
Direct Loans (subsidized and unsubsidized) and private l
Loans (
subsidized and unsubsidized) and private
loansloans.
This generally only applies to borrowers of
direct unsubsidized
loans and graduate PLUS
loans,
as the Education Department pays the interest on
subsidized student
loans while the borrower is in school, grace period or deferment, and parent PLUS borrowers generally enter repayment once the
loan is disbursed.
A
Subsidized Loan (Sub) may also be referred to
as a
Subsidized Stafford
Loan or a Federal
Direct Subsidized Loan (and in certain instances may be referred to
as a Perkins
Loan).
Also known
as a Stafford
Loan, the direct subsidized loan is one of the most popular student loans availa
Loan, the
direct subsidized loan is one of the most popular student loans availa
loan is one of the most popular student
loans available.
Direct subsidized loans, also known
as subsidized Stafford
loans, are for undergraduate students with a demonstrated financial need.
The higher
loan limits and lack of a financial need requirement may make it easier to qualify for a Direct Unsubsidized Loan; for undergraduate students, these loans have the same interest rate and disbursement fee as the subsidized vers
loan limits and lack of a financial need requirement may make it easier to qualify for a
Direct Unsubsidized
Loan; for undergraduate students, these loans have the same interest rate and disbursement fee as the subsidized vers
Loan; for undergraduate students, these
loans have the same interest rate and disbursement fee
as the
subsidized version.
At UCSB, financial aid in the form of federal work - study and federal
subsidized and unsubsidized
direct loans are handled by the UCSB Financial Aid office, not by individual units, such
as the Bren School.