Maximum eligibility period to receive Direct Subsidized Loans

Effective for loans first disbursed on or after July 1, 2006, a Direct Subsidized Loan or Direct Unsubsidized Loan has a fixed interest rate of 6.8%. Direct Subsidized Loans and Direct Unsubsidized Loans first disbursed before July 1, 2006 will continue to have a variable interest rate as described in Item 8 of the Borrower’s Rights and ... ................
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