<p>thanks for the answer calmom. I found this in a website, so I was kind of confuse by it.
Direct and FFEL Stafford Loans are either subsidized or unsubsidized. You can receive a subsidized loan and an unsubsidized loan for the same enrollment period.</p>
<p>A subsidized loan is awarded on the basis of financial need (see financial need page). You wont be charged any interest before you begin repayment or during authorized periods of deferment). The federal government subsidizes the interest during these periods.
Can you explain this quote in simpler form. I'm not good with these different loans. What is the period of deferment?</p>
<p>from different website:
<a href="http://www.uiowa.edu/financial-aid/loans/subsidized.html%5B/url%5D">http://www.uiowa.edu/financial-aid/loans/subsidized.html</a>
It say that there's no interest while you are at school. Is this also true for UC's subsidized loan?</p>