Subsidized Stafford

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M-West: A federally subsidized student loan made on the basis of the student's financial need and other specific eligibility requirements. Stafford Subsidized loans have subsidized interest, which means interest will not accrue on these loans while borrowers are enrolled at least halftime, during the six-month grace period following graduation, or during authorized periods of deferment. The borrower begins to repay the principal and interest after leaving school.