FSSLSFirst Step Supported Living Services (Huntington Beach, CA)
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FSSL: The Federal Subsidized Stafford Loan (FSSL) is in the student's name; he or she will be entitled to the student-loan interest deduction.
The origination fees on the FSSL (as well as the Federal Unsubsidized Stafford Loan (FUSL), discussed below) phase out at half a point per year, until they are completely phased out in 2010.
The loan amount, interest rate and repayment terms are the same as for an FSSL, except that the interest is not subsidized by the Federal government while the student is in college.