Business and Personal Finance Dictionary

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• STAFFORD LOANS
  
  Available to all families regardless of financial need, these loans come in two flavors: subsidized Staffords for students with financial need, and unsubsidized Staffords for those without need. The government pays the interest during school and any other deferments on subsidized loans; on unsubsidized loans, interest accrues during school and other deferments.
  
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