What Types of Loans ( Stafford , PLUS) are Available?
Federal Subsidized and Unsubsidized Stafford Student Loans These are loans that you must repay. Generally all students are eligible for these types of loans if they meet basic Federal eligibility requirements, and have not utilized all of their lifetime loan limits at previous schools. Annual loan limits depend on your grade level and your dependency status. Loan limits for the time you will be in school further depend on you program of study, and how you progress through the program. The difference between “subsidized” and “unsubsidized” is that the Federal Government pays the interest on the Subsidized Stafford Loan while the student is enrolled in school at least half time, and during the six month grace period; the student pays the interest on the Unsubsidized Stafford Loan. Almost all students who meet Federal eligibility requirements can receive a Stafford Loan to pay for part of the education costs. The Subsidized Loans are available to students with remaining need after the Exp
Federal Subsidized and Unsubsidized Direct Stafford Student Loans These are loans that you must repay. Generally all students are eligible for these types of loans if they meet basic Federal eligibility requirements, and have not utilized all of their lifetime loan limits at previous schools. Annual loan limits depend on your grade level and your dependency status. Loan limits for the time you will be in school further depend on you program of study, and how you progress through the program. The difference between “subsidized” and “unsubsidized” is that the Federal Government pays the interest on the Subsidized Direct Stafford Loan while the student is enrolled in school at least half time, and during the six month grace period; the student pays the interest on the Unsubsidized Direct Stafford Loan. Almost all students who meet Federal eligibility requirements can receive a Stafford Loan to pay for part of the education costs. The Subsidized Loans are available to students with remaini
