What is the Federal Stafford Loan Program?
This loan program provides low interest federal loans to eligible students through banks and lending institutions. The federal government pays the interest for qualifying students while they are enrolled at least half time. Students who do not qualify for these interest subsidies are responsible for the interest while they are enrolled. Repayment begins after the student leaves school.
Related Questions
- If I borrow funds under the Federal Family Educational Loan Program (FFELP), i.e. Stafford loans, when do I have to begin to repay these funds?
- What is the highest amount available in the Federal Direct Stafford loan program each year?
- How much can I borrow through the Federal Direct Stafford Loan program?