This federally funded program provides employment to Massasoit Community College students with financial need. Student Loans Federal Stafford Loans Available to eligible student borrowers. Interest and principal are subsidized by the government until the student ceases to be enrolled at least half-time. Repayment begins 6 months after the student graduates, withdraws or stops attending school at least half-time. Federal Unsubsidized Stafford Loans Available to eligible student borrowers.
Interest accrues during in-school period.
Combined totals of subsidized Federal Stafford and unsubsidized Federal Stafford are the same as Federal Stafford Loans. Interest and principal may be deferred until the student ceases to be enrolled. Interest is NOT paid by the government. The borrower is responsible for all interest payments. Repayment begins 6 months after the student graduates, withdraws or stops attending school at least half-time.