Interest is paid by the government while the student is in school at least half-time.
Eligibility for Subsidized Federal Stafford Loans is determined by using the cost of attendance and subtracting estimated financial aid and estimated family contribution. Unsubsidized Federal Stafford Loans cannot exceed costs of attendance as set by the University and approved by the Colorado Commission on Higher Education yearly loan limits. PLUS Loans are not dependent upon family income and require only a simple credit check based on criteria established by the federal government to qualify. Interest begins to accrue immediately. If the parent is approved for the loan, an application will be sent to the parent by the lender.