Skip to content
main navigation
Login
Username
Password
Search
Search
Search
Home
Admissions
Campus
Employment Info
Financial Aid
Human Resources
You are here:
Financial Aid
Direct Loan FAQs
Difference between Stafford Loans
Financial Aid
Menu
Quick Links
HOME
Applying for Financial Aid
B.Arch Program
M.Arch Program
Postgraduate Program
How to Apply For Direct Loans
IRS Data Retrieval Tool
International Students
Work-Study
Direct Loan FAQs
Why is SCI-Arc changing to Direct Loan Program.
Are there any limits to how much I can borrow?
Have the Loan Limits changed?
Can I use the same lender as last year?
What are the benefits of the Direct Loan Program?
What is the difference between the two programs?
What are the interest rates and fees?
Entrance Counseling
Do I still need a credit check?
Difference between Stafford Loans
Domestic Student Scholarships
GRE Exam
Alumni
Veteran's Assistance Benefits
Quick Links
Facebook Fan Page
Sidebar
Direct Loan FAQs
Send to Printer
Difference between Stafford Loans
Subsidized:
for students with demonstrated financial need, as determined by federal regulations. No interest is charged while a student is in school at least half-time, during the grace period, and during deferment periods.
Unsubsidized:
not based on financial need; interest is charged during all periods, even during the time a student is in school and during grace and deferment periods.
PLUS:
unsubsidized loans for the parents of dependent students or for
graduate
/
professional students. PLUS loans help pay for education expenses up to the cost of attendance minus all other financial assistance. Interest is charged d
uring all periods.