Stafford Loan

Filed Under »
Dictionary Says

Definition of 'Stafford Loan'

Federal, fixed-rate student loans available to college and university undergraduate and graduate students who are attending college at least half-time. Stafford loans are intended to supplement existing personal and family resources available for higher education costs, including scholarships, grants and work-study. Stafford loans can be used to pay for the costs of education, including tuition, room and board, books, and other education-related expenses.
Investopedia Says

Investopedia explains 'Stafford Loan'

A Stafford subsidized loan is a federally-guaranteed loan that is based on financial need. The maximum amounts that may be subsidized are $3,500 per year for freshmen, $4,500 per year for sophomores, $5,500 per year for juniors, and $5,500 per year for senior or fifth-year students. Students must first be accepted to a college or university and complete the Free Application for Federal Student Aid (FAFSA) prior to applying for the Stafford student loan.

Search results for

'Stafford Loan'

  • An Introduction To Stafford Loans

    http://www.investopedia.com/articles/younginvestors/11/introduction-stafford-student-loans.asp
    ... (For related reading, see Student Loan Debt: Is Consolidation The Answer?) Stafford
    Loan Features Under the Stafford loans, subsidized undergraduate students ...

  • Student Loan Rules You Should Know About - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/Student-Loan-Rules-You-Should-Know-About.aspx
    ... Starting July 1, graduate and professional students will lose the ability to receive
    a Stafford loan and not accumulate interest while in school. ...

  • College Loans: Private Vs. Federal

    http://www.investopedia.com/articles/younginvestors/09/private-or-federal-student-loans.asp
    ... Students applying independently for a Stafford Loan (as opposed to a parent applying
    for funds on a dependent child's behalf) have a higher annual loan limit ...

  • Student Loan Debt: Is Consolidation The Answer?

    http://www.investopedia.com/articles/younginvestors/09/consolidate-student-loans.asp
    ... Let's look at an example. Example - Loan Consolidation Scam Marisa is paying 3.6%
    on a $3,500 Stafford loan and 6.8% on a $6,500 Stafford loan. ...

  • Your Kid's College Loan: Who Should Foot The Bill?

    http://www.investopedia.com/articles/pf/10/federal-student-loans.asp
    ... Dependent Students The chart below shows an example of the annual and total
    loan limits for Stafford Loans given on or after July 1, 2008: ...

  • Keeping Your Student Loans In Check - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0611/Keeping-Your-Student-Loans-In-Check.aspx
    ... But interest keeps accruing, unless it is a subsidized Stafford loan. (For
    more, see Student Loan Deferment: Live To Pay Another Day.). ...

  • Student Loans: Federal Loans | Investopedia

    http://www.investopedia.com/university/student-loans/student-loans2.asp
    ... take out for their children, subsidized and unsubsidized Stafford loans are two
    ways for individuals to pay for their own education. A subsidized loan is where ...

  • Pay For A College Education With Retirement Funds

    http://www.investopedia.com/articles/retirement/07/college-retirement.asp
    ... fits your circumstances: 1. Can you manage the burden of a large loan? ... Perkins Student
    Loans, (still-below-market-interest) subsidized Stafford student loans ...

  • College Cost Reduction Act Helps Students Meet Payments

    http://www.investopedia.com/articles/younginvestors/07/college-cost-reduction.asp
    ... Lower Loan Rates A key benefit provided by this act is the drastic reduction of
    interest rates on subsidized Stafford loans from their current level of 6.8 ...

  • Debunking 10 Budget Myths

    http://www.investopedia.com/articles/pf/08/debunking-budget-myths.asp
    ... When you apply for federal student aid such as the Stafford Loan, Perkins Loan or
    Pell Grant, you will fill out the Free Application for Federal Student Aid ...

Related Articles

Partner Links