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Federal Stafford Loan (subsidized And Unsubsidized) Financial Glossary

What is it? Long term, low interest loans administered by the Department of Education through private guarantee agencies. Formerly known as Guaranteed Student Loans (GSLs). Variable interest rate, not to exceed 8.25%. Unsubsidized Federal Stafford Loans may be used to replace EFC.

Finance Term Definition Added By: Ryan

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