Understanding FA Award

Received UK’s FA award and having trouble making sense of it. There were 3 components to it. Merit which is easy enough to understand, a Federal Subsidized Loan, and a Federal Unsubsidized Loan.

What is confusing is it says “Amount of loans for 2015-16 you will have to pay back $0.00.”

That can’t be true - they’re loans. What am I missing? Do they just mean the loans won’t have to be paid back until 6 months after graduation? If so that’s VERY misleading.

Thanks

UPDATE

I did confirm that the reason it shows that way is because the loans don’t have to be paid on in this academic year. It would seem the school should improve on the way that is presented because it seems misleading to me.