Which loan type provides interest subsidy meaning department of education

Posted By Admin @ September 03, 2022


which loan type provides interest subsidy, meaning department of education (ed) pays your interest while you're in school, during your grace period, and during deferment?


Loans which are offered to students whose condition required or warrants financial help or assistance such as those those whp are unable to pay their tuition is called direct subsidized loans.

It can be inferred that the department finds students who are unable to settle their tuition up until grace period or deferment period as requiring financial help or assistance.

Hence, loans rendered to thses category of students is called direct subsidized loans.

Learn more : brainly.com/question/25415243

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