Ads
related to: federal stafford loan maximum amount by state and city- Why Consider A Cosigner?
Having A Cosigner May Help
You Get Approved For Your Loan.
- Graduate Student Loans
Finance Your Graduate Education
With Help from Sallie Mae!
- Getting Ready To Borrow?
Let Us Answer Your Questions
So You Can Choose The Best Loan.
- No Origination Fee
No Origination Fee for Smart Option
Student Loans. Apply Online Today!
- Why Consider A Cosigner?
Search results
Results From The WOW.Com Content Network
Federal student loan interest rates are fixed for the life of the loan; however, the rates for new loans will change annually, based on the current market. The interest rates for the 2013–2014 academic year are as follows: 3.86% for undergraduate Stafford Loans (both subsidized and unsubsidized) 5.41% for graduate Stafford Loans [6]
FFEL loans included FFEL Stafford Loans, FFEL PLUS Loans, and FFEL Consolidation Loans. The FFEL Program ended on July 1, 2010 under provisions of the Health Care and Education Reconciliation Act of 2010. All new Stafford, PLUS, and consolidation loans are now administered through the Direct Loan Program. Campus-Based Aid includes types of aid ...
The federal government offers unsubsidized Stafford Loans, which are available to any family regardless of need, as a source of funds to cover the unmet need. In cases in which a student qualifies for merit-based (rather than need-based) financial aid, the student and their family may pay less than the EFC.
If your original loan amount was $12,000 or less, your debt will be forgiven after you’ve made 120 payments, which is the same as saying after 10 years of on-time repayment. ... Federal Stafford ...
24/7 Help. For premium support please call: 800-290-4726
Federal loans are initially designated as standard repayment. [99] Standard repayment borrowers have 10 years to repay. The loan servicer calculates the monthly payment amount that will pay off the original loan amount plus all accrued interest after 120 equal payments. Payments cover interest and part of the principal.