| Stafford
Loans are the most widely used, low-cost education loan available
from the United States Federal government, and Stafford Loans
are a great way for you to secure the extra financial aid you
need in order to meet your needs for college, university or
trade school.
Stafford Loans carry a low, fixed interest rate which is
set by the Federal government. For undergraduate students,
the interest rate for Subsidized Stafford Loans is 6.0%. For
graduate students, the interest rate for Subsidized Stafford
Loans is 6.8%. These rates are in effect from July 1, 2008
through June 30, 2009. Click
here to learn more for an explanation of the different
eligibility requirements, terms and conditions for the Subsidized
(need based loan) vs. Unsubsidized (not based on financial
need) Stafford Loan.
| There are additional benefits
of Federal Stafford Loans. |
 |
The interest may be tax deductible |
|
There is no pre-payment penalty |
|
You can consolidate your Federal Stafford
Loans to benefit from one convenient payment and potentially
lower your monthly payments. |
Stafford Loans are a great way to finance your education.
To learn more about Federal Stafford Loans, either click
here, call one of our professional student loan advisors
at 800-620-9852 or send an email with your questions to customerservice@studentloans.com. |
