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What’s a Stafford loan?

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What’s a Stafford loan?

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A Stafford loan is a low-interest, federally guaranteed student loan available to both eligible undergraduate and graduate students for tuition and other school-related expenses. Given to students in their own name,Stafford loans can be either need-based or non-need-based, offering a wide range of students a self-help financing option that’s available to them regardless of their own income or their parents’ income.

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