Which of the following is a characteristic of subsidized Federal Direct loans?

A. You have to make interest payments while you are at least a half-time student.
B. A subsidized loan uses your diploma as collateral to secure the loan.
C. Your first payments are scheduled to begin 6 months after you graduate or are no longer at least a half-time student.
D. The loan funds are paid directly to the graduate school rather than to the student.