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28-Aug-2019 17:31

Students are not responsible for interest accrued on Subsidized Direct Loans while in school.Unsubsidized Federal Direct Loans are awarded to students who do not qualify for the Subsidized Direct Loan or do qualify and are still in need of additional funding.

[Back to top] Applying for consolidation takes most borrowers less than 30 minutes, according to the Federal Student Aid website.Repayment of consolidation loans begins within 60 days of disbursement.