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07-20-2007, 12:55 PM
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Subsidized Stafford Loan?
I am eligible for a SUBSIDIZED Stafford Loan but am confused about certain things. Does being eligible for this type of loan mean that I need only repay what they give me (e.g. they give me $3500, I give them back exactly $3500) or will I need to pay them more? What is this about the 1.5% federal origination fee, and the 6.8% fixed interest rate?
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