William D Ford Federal Direct Loan Program Direct Subsidized Form

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approach this what are the interest rates the federal direct student loan it's often referred to as as the stafford so people still use that name even though it's not really officially part of it anymore it's a federal direct student loan but we still use it because it's such a part of what people have understood but i think the big things and ed mentioned that they're subsidized and unsubsidized so to unpack that the different flavors there right subsidize there's no interest to do while you're in school and you do have to qualify based on need so in my my view if you qualify for a subsidized stafford loan you'd be crazy not to take it even if you have the dollars you know you can use those uh keep the cash flow on the books so it's a very good loan the interest rates just got reset come july 1 they reset every july 1 for the next academic school year um and 4.99 they went up pretty significantly like a lot of our interest rates are they went up about 30 uh but still 4.99 for a studen