do i have to pay back a subsidized loan

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  • Do I have to pay back subsidized student loans?

  • Yes, you must pay back subsidized student loans. The government will pay back a part of the interest on the loan, but you as the borrower must still repay the amount you borrowed. How much can I borrow?

  • What is the difference between a subsidized and unsubsidized loan?

  • The difference between a subsidized loan and an unsubsidized loan is that the U.S. Department of Education pays the interest on a subsidized loan while the student is in school (provided the student is attending school at least half-time), and for the first six months after graduating (a grace period), and during a deferment period.

  • What happens if I don鈥檛 qualify for a subsidized loan?

  • If you don鈥檛 qualify for a subsidized loan, you might still qualify for an unsubsidized loan (known as Direct Unsubsidized Loans or Unsubsidized Stafford Loans). What is an Unsubsidized Student Loan?

  • Should I keep making payments on subsidized loans?

  • It often makes sense to keep making payments on subsidized loans, even if you don’t have to. Especially when 100% of your payment goes toward your loan balance, those payments help you get out of debt. Any organization can subsidize a loan, and depending on the type of loan, it might be a government organization, a charity, or another group.

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