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What is the difference between a Federal Subsidized and Unsubsidized Stafford Loan?

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What is the difference between a Federal Subsidized and Unsubsidized Stafford Loan?

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A subsidized loan is awarded on the basis of financial need. You won’t be charged any interest before you begin repayment or during deferment periods. The federal government “subsidizes” the interest during these periods.

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