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My award letter lists subsidized and unsubsidized Stafford loans. What is the difference?

April 26, 2017award letter lists Loans Stafford Subsidized Unsubsidized

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My award letter lists subsidized and unsubsidized Stafford loans. What is the difference?

1 Answer

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Subsidized Stafford loans are need based and interest free while you are in school. Unsubsidized Stafford loans are non-need based and interest bearing loans, which you may capitalize while in school or make payments on the interest.