Direct Subsidized Loans
Direct loans that are subsidized offered to undergraduate pupils with monetary do not need to covered by grants and scholarships. The federal government pays your loan interest while you are in school on subsidized loans. Pupils may submit an application for direct loans only once they have already been evaluated for grant eligibility.
- The interest rate is fixed at 4.53 percent (capped at 8.25 percent) for 2019-2020 academic year. The attention rate modifications annually on July 1. [Read more…] about The government provides two forms of direct loans to pupils, subsidized and unsubsidized.