Federal Stafford Loan Program

Stafford Loans are federal student loans made available to college and university students to supplement personal and family resources, scholarships, grants, and work-study. Nearly all students are eligible to receive Stafford loans regardless of credit. Stafford loans may be subsidized by the U.S. Government or unsubsidized depending on the student's need.

Stafford Loan Information: Benefits
    * Low fixed interest rate - Stafford loan rates for the 2011-2012 school year are as low as 3.40%
    * Increased borrowing limits - up to $20,500 per year depending on degree status and years in school
    * No payments while enrolled in school
    * Acceptance not based on credit

Stafford Loan Information: Eligibility
You must be a U.S. citizen or national, a U.S. permanent resident, or eligible non-citizen accepted for enrollment or attending a school that participates in the Federal Family Education Loan Program. Additionally:

    * You must have submitted a FAFSA to be eligible for a Stafford loan
    * For subsidized Stafford, you must have financial need as determined by your school
    * You must be enrolled or plan to enroll at least half time

Stafford Loan Information: Fees
Stafford loans that have been disbursed between 7/1/2010 and 6/30/2011 will carry a 1.0% origination fee.

Click Here to Request Stafford Loan Information

Posted in: Student Loan Programs