Many students nowadays are using loans to get through their college or university. And one of the loans that is popular among students is the Stafford loan. This loan comes in 2 categories, subsidized and unsubsidized.
As the name implies, subsidized Stafford loan is subsidized by the government and you are free from the interest rate until you leave your studies. This can help you to save a lot of money before you start to service your loan.
However, the interest rate is not subsidized by the government in unsubsidized Stafford loan and you can choose to pay the interest … Read More