Direct Subsidized Loans Explained

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=jtlCXcdgk9k

A Direct Subsidized Loan is one where the interest is paid for you while you’re in school, during your grace period after graduating, and during certain deferments. • It allows you to take a loan that only starts accruing interest when you’re graduated and employed ideally. • You apply by submitting a FAFSA form with the federal government and the amount you can borrow is dictated by the school, which year in school you are, and other criteria. • The loan itself can be a 10-25 year loan, with an interest rate and loan fee that will likely change over time. • Time Stamps: • 0:32 - What is it? (and who pays the interest) • 1:02 - When the Interest gets paid by the government • 1:40 - How much can you borrow? • 2:20 - How do you apply? • 2:38 - Terms of the loan • Affiliate links: • Budgeting - Personal Capital Referral Link: Sign up with my link get $20 (no other actions needed) https://share.personalcapital.com/x/o... • Investing - Webull Referral Link: https://act.webull.com/i/LLwcqoWzm1nl... • External resources: • https://studentaid.gov/understand-aid... • https://www.salliemae.com/college-pla...

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