2007-07-27 02:25:04 · 6 answers · asked by GlitzChic 1 in Education & Reference ➔ Financial Aid
Yes
2007-07-27 02:27:22 · answer #1 · answered by Anonymous · 1⤊ 2⤋
Subsidized Stafford Loans do accumulate interest, but the best thing about them is that the government pays this interest for you as long as you stay enrolled in college. So it's basically like you don't have interest.
You can learn more about Subsidized Stafford Loans here:
http://www.studentfinancedomain.com/student_loans/subsidized_stafford_loan.aspx
Hope this helps!
2007-07-27 02:33:35 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Subsidized Staffords accumulate interest after you graduate.
Unsubsidized Staffords and private loans accumulate interest when you first get them.
For most educational loans there is a six month grace period after your graduation where interest accrues but you are not required to pay anything on your loans.
2007-07-27 02:30:23 · answer #3 · answered by fiercelingua 3 · 1⤊ 0⤋
Stafford loans accumulate interest from the time the money is disbursed. There is however a three month grace period, during which the funds can be returned without interest.
2007-07-27 02:28:56 · answer #4 · answered by fangtaiyang 7 · 0⤊ 1⤋
They dont accumulate interest until you either drop out or graduate and then you have a 6 month period to find a job and what not. The unsubsidised will gain interest all the time
2007-07-27 02:27:43 · answer #5 · answered by Christin 2 · 2⤊ 0⤋
the government pays the interest on subsidized loans while you are in school. After you graduate, the interest payments are your responsibiilty. Unsubsidized loans you have to pay the interest on as soon as you take them out.
2007-07-27 02:28:27 · answer #6 · answered by jaimelleonard 4 · 1⤊ 0⤋
after you graduate and don't go to college any longer.
2007-07-27 02:28:11 · answer #7 · answered by dee 5 · 0⤊ 0⤋