Subsidized Stafford Loans Forum

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SirArthurDayne

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Subsidized Stafford Loans

Post by SirArthurDayne » Wed Mar 09, 2016 10:25 pm

Can anyone provide information on the amount of subsidized Stafford loans one can take out each year? I was getting mixed results when I searched this question online. I think the number is close to 8k, but I may be mistaken.

Thanks.

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lymenheimer

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Re: Subsidized Stafford Loans

Post by lymenheimer » Wed Mar 09, 2016 10:56 pm

SirArthurDayne wrote:Can anyone provide information on the amount of subsidized Stafford loans one can take out each year? I was getting mixed results when I searched this question online. I think the number is close to 8k, but I may be mistaken.

Thanks.
For law school? I didn't think subsidized loans were available.

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SirArthurDayne

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Re: Subsidized Stafford Loans

Post by SirArthurDayne » Wed Mar 09, 2016 11:11 pm

lymenheimer wrote:
SirArthurDayne wrote:Can anyone provide information on the amount of subsidized Stafford loans one can take out each year? I was getting mixed results when I searched this question online. I think the number is close to 8k, but I may be mistaken.

Thanks.
For law school? I didn't think subsidized loans were available.
http://www.top-law-schools.com/guide-to ... loans.html

This article mentions subsidized Stafford loans. Also I found articles online that mentioned Stafford loans being available based on financial need.

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cantexplaingottago

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Re: Subsidized Stafford Loans

Post by cantexplaingottago » Thu Mar 10, 2016 3:42 am

SirArthurDayne wrote:
lymenheimer wrote:
SirArthurDayne wrote:Can anyone provide information on the amount of subsidized Stafford loans one can take out each year? I was getting mixed results when I searched this question online. I think the number is close to 8k, but I may be mistaken.

Thanks.
For law school? I didn't think subsidized loans were available.
http://www.top-law-schools.com/guide-to ... loans.html

This article mentions subsidized Stafford loans. Also I found articles online that mentioned Stafford loans being available based on financial need.
That article was written in 2010, and the rules surrounding subsidized loans for grad and professional students have changed. See: https://studentaid.ed.gov/sa/types/loan ... d#how-much

In the notes section under the table: "Effective for periods of enrollment beginning on or after July 1, 2012, graduate and professional students are no longer eligible to receive Direct Subsidized Loans. The $65,500 subsidized aggregate loan limit for graduate or professional students includes subsidized loans that a graduate or professional student may have received for periods of enrollment that began before July 1, 2012, or for prior undergraduate study."

Only unsubsidized for us, it seems. Yay, capitalizing interest!

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SirArthurDayne

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Re: Subsidized Stafford Loans

Post by SirArthurDayne » Thu Mar 10, 2016 9:14 pm

cantexplaingottago wrote:
SirArthurDayne wrote:
lymenheimer wrote:
SirArthurDayne wrote:Can anyone provide information on the amount of subsidized Stafford loans one can take out each year? I was getting mixed results when I searched this question online. I think the number is close to 8k, but I may be mistaken.

Thanks.
For law school? I didn't think subsidized loans were available.
http://www.top-law-schools.com/guide-to ... loans.html

This article mentions subsidized Stafford loans. Also I found articles online that mentioned Stafford loans being available based on financial need.
That article was written in 2010, and the rules surrounding subsidized loans for grad and professional students have changed. See: https://studentaid.ed.gov/sa/types/loan ... d#how-much

In the notes section under the table: "Effective for periods of enrollment beginning on or after July 1, 2012, graduate and professional students are no longer eligible to receive Direct Subsidized Loans. The $65,500 subsidized aggregate loan limit for graduate or professional students includes subsidized loans that a graduate or professional student may have received for periods of enrollment that began before July 1, 2012, or for prior undergraduate study."

Only unsubsidized for us, it seems. Yay, capitalizing interest!
Thanks for clarifying.

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