The cost of education will go up. A. No, only the GTEG and Courtesy applications are needed. Q. My SAR isn't accurate. A. Students who want corrections sent to any other schools besides Oxford which are listed on the SAR should process the corrections through the Central Processor. Students who are only concerned with Oxford receiving corrections can submit the corrected SAR directly to us.
Interest rates are low.
With the Subsidized Stafford, the interest is paid by the government while you are in school. The interest on the Unsubsidized Stafford is not paid while you are in school. You have the option of paying the interest or deferring it until after you graduate at which time it will be added to the principle of the loan. A. EFT is Electronic Funds Transfer, which is used by lenders to transfer Stafford and PLUS loan proceeds from the lenders to the schools without the need for individual checks. This method of disbursing loan funds does speed up the time between receiving funds in the financial aid office and the student actually having access to the funds.