Question: What is the main difference between subsidized and unsubsidized Direct Stafford Loans? Direct Stafford Subsidized Loans do not have to be paid back if the
What is the main difference between subsidized and unsubsidized Direct Stafford Loans?
Direct Stafford Subsidized Loans do not have to be paid back if the borrower is not satisfied with the quality of the education recelved.
The US Department of Education will pay the interest that accrues on Direct Stafford Sobsidized Loans during certain periods. With Direct Stafford Unsubsidized Loans the borrower is responsible for paying the interest that accrues during all periods.
Borrowers can receive Direct Stafford Unsubsidized Loans without completing the FAFSA.
There are no major differences between Direct Stafford Subsidiend Loans and Direct Stafford Unsubsidized Loans.
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