Definitions for "Subsidized Loans"
Keywords:  grace, hpsl, stafford, ffelp, deferment
loans awarded based on financial need. Subsidized Stafford Loans are interest-free while the student is enrolled at least half-time, during the six-month grace period, and during any periods of authorized deferment.
Loans that are interest free to the borrower during school, grace, and other authorized deferment periods. Examples include Federal Subsidized Stafford (either FFELP or Direct), Federal Perkins, Primary Care Loans (PCL), Loans for Disadvantaged Students (LDS), Health Professions Student Loans (HPSL), and some institutional loans (check your promissory note or ask your medical school financial aid officer).
A loan based on financial need where the Federal government pays the interest during the borrower's in-school, grace and deferment periods.