Subsidized Stafford Loan

A Subsidized Stafford Loan is a type of federal student loan designed to help students pay for college. The key benefit is that the U.S. government pays the interest on the loan while you're in school at least half-time, during the grace period, and during deferment periods. This means your loan balance doesn’t grow due to interest during those times. It’s available to undergraduate students with financial need, often offering lower interest rates and flexible repayment options. Essentially, it’s a financial aid tool to make education more affordable, with limited interest accumulation during specific periods.