Question

quiz which loan type provides interest subsidy, meaning department of education (ed) pays your interest while you're in school, during your grace period, and during deferment?

Answer 1

A subsidized direct loan is the loan that provides interest subsidy because the department of education (ed) pays the interest while you're in school, during your grace period and during deferment.

What is a subsidized direct loan?

These are direct loans that are made eligible to undergraduate students who are in need of help to cover the costs of higher education.

It is also one that provides an interest subsidy because the department of education (ed) pays the interest while you're in school, during your grace period and during deferment.

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