Private College Student Loan

If I pay off a subsidized federal student loan before graduation, do I still pay interest?

I'm considering taking out a "federal direct subsidized student loan" for $3,500 as I could really use the money right now. There's a good possibility I'll be able to pay off the loan before graduation. I'm wondering if I'll still have to pay any interest or if I'll only be required to pay the principal if it's paid off early.

Public Comments

1. As long as it is subsidized you should just have to pay the principal unless part of that 3500 is unsubsidized.