how does early repayment work?

Paying for College
1

<p>if i got a $10000 subsidized stafford, and the monthly payment is around $100, can i repay $10000 whenever i want? $5000? $3000? $whatever? </p>

<p>so if i pay the $10000 right after i graduate....it'll have been like a "free" loan? or are there some strings attached to it?</p>

2

<p>Yes you can repay it early with no penalties. When you complete the online counseling for the loan it will contain this and all other important information. I would suggest printing out a copy for your records and future reference.</p>