Applications are also available at school financial aid offices. The Unsubsidized Stafford Loan was created to provide funds to those who were previously ineligible to receive assistance under the original Stafford Loan program. This program also provides supplemental funds to financially dependent undergraduate students and those students studying at the graduate level. There is no consideration of family income or worth, therefore there is no expected family contribution. Please be sure to specify exactly the type of student loan application you are requesting.
Applications are also available at school financial aid offices.
Parents of financially dependent undergraduate and graduate students. A parent may apply for as much as the total estimated cost of the school year, less the amount of other loans or financial aid the student may be receiving. There is no consideration for expected family contribution when determining the eligible amount. The amount approved by the Bank will depend on the applicant's creditworthiness and their ability to repay the loan. The interest rate for the PLUS program is variable and is based on U.S. Treasury bills.