Sentences with phrase «subsidized student loans generally»

Today, not only are there several types of federal student loans that are not credit - based, but federally funded, subsidized student loans generally offer one of the most flexible types of loans available.

Not exact matches

The government generally covers the interest on a subsidized Stafford loan until the student has been out of school for 6 months.

Government loans like the subsidized Stafford loan are generally reserved for those students who have the greatest need (meaning they don't have even close to the amount of money to pay for their education) and have already exhausted all of the grants available to them.

Because of the low fixed rates and repayment assistance programs that are available, it's generally best for students to exhaust their federal Direct Unsubsidized and Subsidized Loans before considering private student lLoans before considering private student loansloans.

For subsidized direct loans, The U.S. Department of Education generally pays interest while the student is in school and during certain other periods.

Because your student loans will continue to accrue interest during deferment (again, unless you have subsidized federal student loans) or forbearance, this is generally not recommended.

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.

Subsidized loans, available to students who have a demonstrated financial need, generally have more favorable terms because, currently, the U.S. Department of Education pays the interest on the loan while the student is in school and for the first six months after.

If you're going to borrow money for school, it generally makes sense to take advantage of any subsidized student loans you're offered before borrowing elsewhere.