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| MES Federal Loans |
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MES Stafford Loans
Subsidized Stafford Loans are based on financial need. The federal government pays the accrued interest for you while you’re in school, during a six-month grace period after leaving school, and during any authorized deferment periods.
Unsubsidized Stafford Loans are not based on financial need. You are responsible for paying all interest on an unsubsidized loan from the date it is disbursed until it is paid in full. You can choose to defer the interest while you are in school and let it be added to your loan balance when you go into repayment. If you choose this option you will increase the total amount you will have to pay over the life of the loan.
Who’s it for: Undergraduate, graduate, or professional students enrolled at least half time.
- 1% default fee deducted from loan proceeds
- 1% origination fee deducted from loan proceeds
- Fixed interest rate of 6.0% (Subsidized)
- Fixed interest rate of 6.8% (Unsubsidized)
» APPLY NOW
» VIEW ALL MES FEDERAL LOANS
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