Stafford loans are either subsidized or unsubsidized and students can borrow both types during the same award year. Repayment begins 6 months after the student graduates or stops attending at least half-time. Subsidized Stafford Loans are award to students displaying financial need. No interest is charged while the student attends school at least half-time. Unsubsidized Stafford Loans are not awarded on the basis of financial need.
Interest does accrue from the time the loan is disbursed until it is fully repaid.
Students can choose to make interest payments while attending school or have that interest capitalized and start repaying the entire loan upon completing school. This is a low interest loan for parent s with approved credit to borrow for their dependent student s education. For most lenders, repayment begins 60 days after the final disbursement of the loan. Parents may borrow up to the student s total cost of attendance minus any other financial aid received. Veteran Benefits .