Question on subsidized stafford loans

[msbbc833]

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Hey all,

I know the subsidized stafford loans do not accrue interest while I am in medical school, and they also have some sort of grace period after I graduate. But is there a way to defer interest while in residency? Just curious...

Also, the financial aid package I got from my school as an incoming MS1 will be renewed each year automatically? So if I got $8500 in sub stafford loans this year, I will automatically get the same amt next year? Or is there more paperwork involved?

 

[TMP-SMX]

Residency deferment is gone. IBR lets you keep capitalization at bay of your subsidized loans.

You will have to do a FAFSA each year to get loans or financial aid.