While high school seniors are receiving their acceptance letters and financial aid award packages, they might be exploring the differences between the loans they are eligible for and wondering how to actually acquire these loans. Many students are lucky enough to qualify for Unsubsidized Stafford Loans, which have a lower interest rate than subsidized ones. There are also thousands of students who are only eligible for Subsidized Stafford Loans. If you are a student who is planning on taking out one of these two Stafford loans, there are some things you should know about the process…
(Read the whole article Freshmen: How To Get Your Stafford Loans)
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