Both interest and principal payments are deferred for 7 to 9 months after the student drops below half-time enrollment or leaves school. Subsidized Stafford Loans. Interest is subsidized while the student is enrolled. For detailed information on the Federal Stafford Loan Program, please click here . Unsubsidized Stafford Loans.
Interest begins once the loan funds are disbursed.
Payments, however, on both interest and principal do not have to be paid until 6 months after the student drops below half-time or leaves school. The Admissions Committee of each GTU school considers all applicants for a limited number of merit-based scholarships without regard to need. Students who receive such funds will be notified by their school's Admissions Committee.