What are the eligibility requirements for a Stafford loan?
To be eligible for a Stafford loan, the student must: • Be a U.S. citizen or national, a U.S. permanent resident or eligible non-citizen, as applicable • Provide his or her valid Social Security Number • Be attending an eligible school, or accepted for enrollment, as at least a half-time student • If already enrolled, maintain satisfactory academic progress in his or her course of study according to the school’s published standards • Have at least a high school diploma or the recognized equivalent of a high school diploma or the student must meet one of the following standards: The student must (a) be beyond the age of compulsory school attendance in the state in which the post-secondary school is located and (b) pass an independently administered ability-to-benefit test that has been approved by the Department of Education. Or the student must have – and may self-certify that he or she has – completed a secondary school education in a home school setting that is treated as a home or p
Related Questions
- Must a school determine a students eligibility for a subsidized Federal Stafford Loan before determining a parent borrowers eligibility for a Federal PLUS Loan?
- Can a school deny a students eligibility to borrow a Federal Stafford Loan based solely on the fact that his or her parent has defaulted on a Federal PLUS Loan?
- What are the eligibility requirements for a Stafford loan?
