Business and Personal Finance Dictionary

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• UNSUBSIDIZED STAFFORD
  
  A long-term, low-interest loan designed to provide students who do not qualify for other financial aid, or who still need more money, with additional funds for college. The unsubsidized Federal Stafford Loan can be made in conjunction with a subsidized Federal Stafford Loan as long as the maximum annual or aggregate loan limits for subsidized Federal Stafford Loans have not been exceeded. Unsubsidized means the student is responsible for the interest on the loan amount while in school; however, payment can be postponed.
  
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