Lenders are banks, credit unions, or savings and loan associations. The Federal Subsidized Stafford Student Loan payments are deferred until six months after students graduate, leave school, or drop below half-time status. The interest rate is variable. The maximum students can borrow is based upon grade level, course of study and financial need. Federal Unsubsidized Stafford Loans Federal Unsubsidized Stafford Loans are not based on financial need.
Lenders are banks, credit unions, or savings and loan associations.
Principal payments are deferred until six months after students graduate, leave school, or drop below half-time status. However, students are responsible for payment of the interest from the date the funds are disbursed. The interest rate is variable. The maximum students can borrow is based upon grade level and course of study. Federal Parent Loans for Students are available to parents or legal guardians of dependent undergraduate students may be eligible for a Federal PLUS Loan.