EA announced today in its earnings conference call TOR is going F2P (limited access) through LVL 50 in Nov. You can play the storyline quests through LVL 50, but the other types of quests in the game you either have limited or no access to as a free player. You either have to subscribe (still $15/month) or buy stuff ala carte. You are also limited in the races you can choose with a new character as a free member.
Current and former subscribers get a boost with the new currency called Cartel Coins which are used to unlock stuff, similar to how it works in other games. If you want to get some of those bonuses before Nov., MSRP of the game drops to $15 next Tuesday the 7th.
http://kotaku.com/5930586/star-wars-the-old-republic-is-going-free+to+play-up-to-level-50-this-fall
http://www.swtor.com/free
Current and former subscribers get a boost with the new currency called Cartel Coins which are used to unlock stuff, similar to how it works in other games. If you want to get some of those bonuses before Nov., MSRP of the game drops to $15 next Tuesday the 7th.
http://kotaku.com/5930586/star-wars-the-old-republic-is-going-free+to+play-up-to-level-50-this-fall
http://www.swtor.com/free