Webster's Online Dictionary
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Specialty Expressions: FEDERAL DIRECT STAFFORD LOAN

ExpressionsDomainDefinition
Federal Direct Stafford LoanFederal Student AidA federally financed and subsidized student loan made on the basis of the student's financial need and other specific eligibility requirements. The federal government does not charge interest on these loans while borrowers are enrolled at an eligible school at least half time, during the six-month grace period, or during authorized periods of deferment. See also Federal Direct Unsubsidized Stafford Loan. subsidized. (references)

Source: compiled by the editor from various references; see credits.

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