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Clark College offers two types of Federal Stafford
Loans, subsidized and unsubsidized. Subsidized loans are need-based
and the federal government pays the interest while you are in school.
Unsubsidized loans are non-need based and interest can be either
paid monthly or deferred.
Students who borrow a combination of Subsidized and Unsubsidized Stafford loans will have loans for the same loan period at two different fixed interest rates.
Federal Stafford Subsidized loans are at a fixed rate of 5.6 percent and Unsubsidized Federal Stafford loans are at a fixed rate of 6.8 percent beginning with loans first disbursed on or after July 1, 2009.
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