There are different forms for different purposes. The following information describes application procedures for loans, grants, and employment administered by the Office of Financial Aid. These programs include Federal Stafford Loans, Federal Perkins Loans, and Federal Work-Study. A. Information on Federal Programs Federal Aid Low-interest Federal Stafford Loans, Federal Perkins Loans, and Federal Work Study programs are offered to students based upon their financial need and satisfactory academic progress. These programs are administered by Tufts Student Financial Services, which maintains information on all federal programs as well as alternative forms of financing such as non-need based loans.
Federal aid is available for U.S. citizens and permanent residents only.
Federal Stafford Loans Federal Stafford Loans are low-interest loans made to students who are enrolled at least half time. There are two types of Federal Stafford Loans, subsidized and unsubsidized. Repayment is up to ten years. Borrowers are responsible for interest on the loan while in school, during the grace periods, and during any authorized deferment periods. This is a federally subsidized loan awarded by Tufts to students with exceptional financial need.