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    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?

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    0  Views: 172 Answers: 1 Posted: 13 years ago
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      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.


       


       

      13 years ago. Rating: 1
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