A student who proves great financial need may receive a subsidized loan. While the student is enrolled at least half-time, the interest will be paid not by the student but through the government. This also happens during deferment or during the post-college six-month grace period.
The maximum amount that students can receive while in an undergraduate program is $23,000. The number differs by year, but that is the lifetime total on the subsidized Stafford Loans.
Need help paying for your student loans?
Let Ameritech Financial pave the way towards financial freedom.Learn More