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If you would like to borrow a Federal Direct Stafford loan, please complete the following steps: 1. Complete this Federal Direct Stafford Loan Request Form 2. Complete your electronic Federal Direct Stafford Loan Master Promissory Note online First-time borrowers must complete an electronic Federal Direct Stafford Loan Master
Stafford Loan. The term “Stafford Loan” may refer to a subsidized or unsubsidized Federal Stafford Loan that was made to students attending schools that previously participated in the Federal Family Education Loan (FFEL) Program. No new loans have been made under the FFEL Program since July 1, 2010.
If you are requesting a Subsidized Loan above, but are not eligible for the full amount of the Subsidized Loan requested, do you want us to process the Unsubsidized Loan for the remaining amount? Yes No Only eligible for unsubsidized loan.
24 lip 2024 · Subsidized Stafford loans are need-based loans where the government pays the interest while the student is in school, in a grace-period and during deferment periods. Unsubsidized Stafford loans are not need-based and interest accrues from the time the loan is disbursed.
A Federal Direct Subsidized Stafford Loan is offered as a need-based loan after grants, scholarships and other resources are subtracted or up to the annual maximum loan limit, whichever is lower. It is the U.S. Department of Education's major form of self-help aid and is available through the William D. Ford Federal Direct Loan Program.
8 gru 2023 · Federal Direct Stafford Loans. The U.S. Department of Education offers eligible students at participating schools Direct Subsidized Loans and Direct Unsubsidized Loans to help cover the cost of higher education. Some people refer to these loans as Stafford Loans or Direct Stafford Loans.
26 lip 2023 · For a graduate or professional student PLUS Loan borrower who has received a prior Direct Subsidized Loan, Direct Unsubsidized Loan, Subsidized Federal Stafford Loan, or Unsubsidized Federal Stafford Loan, provide the borrower with a comparison of: