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Federal
Stafford loan
- Direct, Subsidized, Unsubsidized
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Federal Stafford Loans
The Federal Stafford Loan is an affordable,
low-interest loan designed for undergraduate and
graduate students. It is backed by the U.S. government
and comes as subsidized and un-subsidized
stafford loans.
Program Benefits
• Low variable interest rate
• Make no payments until six months after you cease to
be enrolled full time
• No co-borrower required
Online
Master Promissory Note
To receive Federal Stafford Loans, you will need to
complete and submit a signed Master Promissory Note (or MPN). Your MPN can be completed and signed entirely
online for fast processing.
Don’t Forget the 2008-2009 FAFSA!
Before you can receive Federal loan funds, you must
also complete the FAFSA (Free Application for Federal
Student Aid). This can be completed at the department of
Education's website
www.fafsa.ed.gov
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Annual Federal Stafford Loan Limits |
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Subsidized Stafford |
Unsubsidized Stafford |
Combined |
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Year 1 |
$2,625 |
$4,000 |
$6,625 |
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Year 2 |
$3,500 |
$4,000 |
$7,500 |
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Year 3, 4 & 5 |
$5,500 |
$5,000 |
$ 10,500 |
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Graduate/Professional |
$8,500 |
$10,000 |
$ 18,500 |
- Borrow up to 100% of the cost of attendance, minus
other aid
- Interest rates as low as prime minus .50%
- A co-signer is required
- Zero fees (origination, guarantor, or prepayment)
- 2% graduation reward
- .25% rate reduction for auto-debit
- Repayment is deferred until 6 months after
graduation
Click Here for more details, or to apply.
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