Sentences with phrase «stafford loans are funds»

Direct Stafford Loans are funds lent to students directly from the federal government and named after U.S. Senator Robert Stafford (hence the loan's name).

Not exact matches

Unlike public institutions, for - profits are funded mostly by Federal Title IV funding (Pell Grants and Stafford Loans).

If you are carrying student loans issued through FFEL (private funding) or Federal Direct loans, such as Stafford or Perkins, you are eligible to consolidate your loans under federal guidelines that will ensure a reasonable fixed rate (no higher than 8.25 %) and extended payment terms (10 to 20 years).

Additional funds can be borrowed for qualifying participants from Federal PLUS Loans, but neither they nor the Stafford loans will be subsidLoans, but neither they nor the Stafford loans will be subsidloans will be subsidized.

Applying for a no credit check student loan means that you will be going for either a Stafford or a Perkins loan — which are both federally funded options.

The total Stafford Loan limit for undergraduate dependent students can not exceed the lifetime limit of $ 31,000; however, in certain circumstances, additional unsubsidized funds may be awarded.

While the Stafford Loan program can certainly be beneficial if loans figure in to your college funding plan, with it comes a fair amount of rules and the federal government's idea of «simplicity» — yikes!

So, what does this mean to students that are taking out Stafford loans to fund their educational expenses?

Whichever way you go, the Direct Stafford loan is only one of the options available for funding an education.

In most cases, these are loans you should consider only after you've exhausted borrowing options with more lenient terms, such as federally funded Stafford, Perkins and PLUS loans.

Stafford loans are the way that most students pay for their college education funds.

An outside scholarship is most likely to affect campus - based aid, such as the FSEOG grant, Perkins loan and Federal Work - Study, and the Federal Stafford loan and the college's own student aid funds.)

Keep in mind that while certain portions of Stafford loan funding are eligible to be subsidized, it is entirely possible to receive the maximum limit in all unsubsidized loans.

Starting with dependent students, first - year undergraduates are eligible to receive up to $ 5,500 in total Stafford loan funding.

Second - year independents can receive $ 10,500 in Stafford loans, and only $ 4,500 of this funding may be in subsidized loans.

Stafford Loans are among the most common of funding sources for students heading off to college.

Unlike the larger federal Stafford - loan program, in which the Department of Education acts as the lender, Perkins loans are administered directly by participating institutions with a mixture of funds from the federal government and the schools themselves.

(Schools that participate in the Federal Direct Student Loan Program (FDSLP) do not use a private lender for the Stafford and PLUS loans, since loan funds are provided by the US GovernmeLoan Program (FDSLP) do not use a private lender for the Stafford and PLUS loans, since loan funds are provided by the US Governmeloan funds are provided by the US Government.)