Federal Direct Subsidized Loans
The Subsidized Loan is a federal loan that is awarded based on financial need. The federal government will pay the interest on this loan as long as you are enrolled half-time or more. After you graduate, leave school, or drop below half-time enrollment, you will have a six-month grace period before you are required to begin repaying your loan. During this period, you will receive repayment information from your loan servicer, and you will be notified of your first payment due date.