by zalinaB » Sat Nov 12, 2011 4:15 am
Federal Subsidized Loans are offered to undergraduate and graduate students, who are enrolled at least half time, on the basis of financial need. While attending school, the government pays the interest that accrues on these loans. Payments can be made at any time before repayment begins. Repayment of principal and interest begins approximately six months after graduation, if attendance goes below half-time status, or if withdrawn from program. It is good both for graduate and under graduate students.