How often does interest accumulate on an unsubsidized Stafford student loan from the government? and San Jose Mission Loan Closing 10

How often does interest accumulate on an unsubsidized Stafford student loan from the government?

The interest rate on an unsubsidized Stafford student loan is 6.8%. How often does interest acculumate on such a loan? For example, if my loan is $ 5000, how do I calculate when and how much interest is capitalized onto the loan. Thank you for your help.


loan best answer:

Answer by apple chick
forever until you pay it off. they are worse then loan sharks!!!

loan

San Jose Mission Loan Closing 10


Image by Florida Community Loan Fund
San Jose Mission Loan Closing

FCLF's Cindy Ross (corner) along with legal counse David Punzak

---

Orignal From: How often does interest accumulate on an unsubsidized Stafford student loan from the government? and San Jose Mission Loan Closing 10