Students who demonstrate need are eligible for the subsidized Stafford. Interest in the subsidized loan is paid by the government while the student is in school. Repayment begins 6 months after the student withdraws or ceases to be enrolled at least half time. The student has between five and ten years to repay the loan, depending upon the amount borrowed. However, the word unsubsidized means that the government does not make interest payments on your behalf.
Interest begins accruing immediately.
Student borrowers enrolled at least half time may defer payments until their status changes. Additional Information Additional information or general counsel concerning financial aid planning is available by calling or writing to arrange an appointment with the Admissions Office.