DIVISION OF STUDENT FINANCIAL AID
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Federal Stafford Loan
Stafford Subsidized Loans

A subsidized loan is awarded on the basis of financial need.

The federal government pays the interest on the loan while the borrower is enrolled on at least a half-time basis and during the repayment grace period.

Students must begin repaying this loan 6 months after you cease to be enrolled at least half-time.  The interest rate on subsidized Stafford Loans for undergraduate students that are first disbursed July 1, 2009 - June 30, 2010 is 5.6%.