Complete the student section. Make sure Winona State University's name and address appear in the mailing address window on the form. Forward a copy of the FAT to each financial aid office of all institutions previously attended. They may either mail or fax the application back to Winona State. A. Check Types of Financial Aid Table of Contents - Loans.
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 by the government 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. Electronic Funds Transfer, which is used by lenders to transfer Federal Stafford proceeds from the lenders to the schools without the need for individual checks. Winona State University does participate in EFT and we recommend you request this to expedite the process.