Sentences with phrase «like direct subsidized loans»
Federal loans like Direct Subsidized Loans, Direct Unsubsidized Loans, Subsidized Federal Stafford Loans, and Unsubsidized Federal Stafford Loans all offer borrowers a six - month grace period.
https://www.credible.com/
They carry the same 4.45 % interest rate, and like the Direct Subsidized Loan, all borrowers are charged the same rate without respect to credit history.
Academic institutions and the federal government will use your FAFSA form to determine your eligibility for loans like the Direct Subsidized Loan, Direct Unsubsidized Loan, Direct PLUS Loan and the Federal Perkins Loan Program — all of which students tend to need in some form or another in order to fully finance their education.
Not exact matches
Like the standard repayment plans, Direct (subsidized / unsubsidized), Stafford, and PLUS Loans are all eligible.
Some federal student loans, like Direct Unsubsidized loans, don't require you to demonstrate financial need, so you can borrow more in unsubsidized loans than you can in subsidized student loans.
So if a school's total cost of attendance is $ 20,000 and your EFC is $ 4,000, you qualify for up to $ 16,000 of need - based aid via programs like the federal Pell Grant, Perkins and direct subsidized loans and the work - study program.
However, just like Subsidized Direct Stafford Loans, you have the option of paying the interest or you can choose to roll the interest into your loan balance.