This means more money to pay tuition, buy books and supplies or pay room and board. The right to limit, to revise the requirments or payment percentage, or to discontinue the Fee Payment Program at any time without notice is reserved. Changes to the program would not affect loans that qualified previously for the benefits. Take these fees into consideration when you are determining how much to borrow each year. Any full or half-time student is eligible to apply for a Stafford Loan to pay the cost of education.
Parents also can borrow to pay their dependent children's cost of education.
Students attending some schools which participate only in the Federal Direct Student Loan Program may borrow only from the federal government rather than from a private lender. The financial aid office at these schools will help you apply for a direct student loan. You will need to complete a Federal Stafford Loan Application and Promissory Note or a Federal PLUS Application and Promissory Note which is available from us . Your school also will have these forms, but the lender section will be blank. Be sure to write in OSLA and our lender identification code, in the lender section.