close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. Does the interest on the Stafford Loan start when the loan originates or when I am done with school?
    Does the interest on the Stafford Loan start when the loan originates or when I am done with school?

    Answer this
    0  Views: 205 Answers: 1 Posted: 15 years ago
    Comment this question

      1 Answer

      Two types of Stafford loans:


      Subsidized Stafford loan: no interest is accrued until you're out of school;


      Unsubsidized Stafford loan:  interest starts to accrue the minute money is paid.


      Note: Always ask for subsidized loan first.


       


       

      15 years ago. Rating: 1
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1102K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart
        568216
        questions
        779955
        answers
        933889
        users