Where do I find out what the interest rate on a subsidized stafford loan is?

[LawJedi]

Anyone know? I'm not too versed on these things but I received 9k in subsidized staffords and that's probably all I'll need because of the scholarship.

[dcforlife]

teh google.

All Staffords are 6.8 fixed at the moment, it's just whether or not that interest is accrued during school (it isn't, on subsidized ones). So effectively, it's 0% while in school, 6.8% when you get out.

[LawJedi]

so, if it's 0%, assuming I didn't need it -- why wouldn't I take the money and put it in a savings account anyway? Are there any fees or anything associated with such a move?

[dcforlife]

Lots of people have mentioned that as an option, to either make money on the deferred interest or lessen the impact of charged interest. Can't tell you whether or not it's il/legal un/ethical.