Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Federal Student Loans and other Student Loan topics.

Subsidized and Unsubsidized Federal Student Loans

Chase Tip: For those students who do not demonstrate a financial need or those who need funds in addition to what they receive from a subsidized Stafford loan, they may be able to receive unsubsidized Stafford student loans. Similar to a subsidized Stafford loan, payments are deferred until after the student leaves school and begins repaying the student loans. However, the interest accrued on an unsubsidized Stafford loan is not paid by the federal government. Instead the interest accumulates and is added to the balance that you owe.

Comments

Nobody has commented on this tip yet. Be the first.

Ask a Question

Not finding the advice and tips you need on this Student Loan Tip Site? Request a Tip Now!

Guru Spotlight

Jennifer Mathes, Ph.D.

Buy My Book

Ever wonder how you could make your life better and more fun? So have tens of millions of fans who have turned to LifeTips for answers over the past decade. We keep the tips, advice, books, podcasts and writing services flowing, so you can keep your life and business growing in the right direction. Upward!