Need Based Federal Loan Information

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The Federal Direct Stafford Subsidized Loan Program enables students with demonstrated need to borrow directly from the Department of Education as a means to finance their educational expenses.  Interest is paid by the federal government while the student is enrolled in college and during the grace period. Repayment begins six months after the student ends his or her studies. The 2017-18 interest rate is fixed at 4.45% with repayment extending up to ten years. More detailed information about the Federal Direct Stafford Subsidized Loan can be found here. You can begin the application process here.