If you're an undergraduate or graduate student looking for a low-interest education loan, be sure to consider a Stafford loan, including subsidized Federal Stafford Loans and unsubsidized Federal Stafford Loans. If you're attending a vocational school instead of college, you may qualify for Stafford loans as long as that institution accepts Title IV funding.

Student Benefit Services offers Stafford student loans. Even if you have bad credit or poor credit, you may still qualify for a student loan. Apply now for your student loan.

One of the most popular forms of student loans, Stafford loans are made directly to students. Because they're guaranteed by the government, Stafford loan rates are kept low. Perhaps best of all, no loan repayments are due until after you leave school or graduate!

Students can receive subsidized and unsubsidized Stafford loans for the same period:

Federal Subsidized
Stafford Loan, need based financial aid:

Student loan awarded to students with financial need. The government pays the interest loan while you are in school at least half-time and during grace and deferment periods.

You don't have to start repayment until six (6) months after leaving school, with the government paying the interest during the interim ("grace period").

Federal Unsubsidized
Stafford Loan:

Student loan available to all students regardless of need or income. The terms are similar to the Subsidized Stafford except you, as the borrower, are responsible for paying all of the interest.

Students may elect to defer interest and principal payments until they leave school. In fact, you don't have to start repayment until six (6) months after leaving school. However, you'll be responsible for the accrued interest.

 

Stafford Loan
Fees

Stafford loans are subject to up to a 3% origination fee which is deducted from the original loan amount.

How Much in
Stafford Loans Can You Borrow?

The federal government places loan limits on the maximum amount students may borrow through federally funded student financial assistance programs. Undergraduate students can borrow along the following guidelines:

HOW MUCH CAN YOU BORROW?
Academic Level	Dependent*	Independent**
Freshman	$2,625	$6,625 (up to $2,625 subsidized)
Sophomore	$3,500	$7,500 (up to $3,500 subsidized)
Junior & Senior	$5,500	$10,500 (up to $5,500 subsidized)

* Dependent student - A student who does not meet any of the criteria for an independent student. An independent student is at least 24 years old, married, a graduate or professional student, a veteran, an orphan, a ward of the court, or someone with legal dependents other than a spouse.

**Independent student - A student who is at least 24 years old, married, a graduate or professional student, a veteran, an orphan, a ward of the court, or someone with legal dependents other than a spouse.

Graduate students can borrow up to a total of $18,500, with a maximum of $8,500 in subsidized Stafford Loans.

Graduate medical students at a HEAL school may borrow $38,500, with a maximum of $8,500 in subsidized Stafford Loans.

It's Easy
to Apply!

Our student loan specialists are ready to help you with your Stafford Loans. Please give us a call at 1-866-652-2121, or fill out our simple pre-qualification application form today. There's no obligation and no application fees!

By the way, to take full advantage of not only the Stafford Loan but also other student aid programs, you're encouraged to complete the Free Application for Federal Student Aid (FAFSA) form. This federal application is used to determine eligibility for most forms of education-related financial aid, including federal loans. (If you haven't, don't worry... we'll be happy to help you complete this form.)