Sentences with phrase «subsidized loans where»

Undergraduate students with financial need will likely qualify for a subsidized loan where the government pays the interest while you are in school on at least a half - time basis.

Undergraduate students with financial need will likely qualify for a subsidized loan where the government pays the interest while you are in school on at least a half - time basis.

Not exact matches

The IBR, PAYE, and REPAYE plans all offer a benefit where if you are negatively amortizing, the difference between your payment amount and the monthly interest accrual will be waived for your subsidized federal student loans for up to three years.

In any case, let's start with a standard 10 - year repayment plan, where you've got $ 30,000 in loans, with 15,000 subsidized and 15,000 unsubsidized at a 4 % interest rate.

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.

First of all, if you had subsidized federal loans (the kind where the government pays your loan interest for you when you're in school), for the first three years that you're on the Pay As You Earn plan, the government will continue providing an interest subsidy.