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  • 2011/2012 Federal Direct Stafford Loan Fact Sheet - Boston University

Get 2011/2012 Federal Direct Stafford Loan Fact Sheet - Boston University

Matriculated students are eligible for a Subsidized and/or Unsubsidized Direct Loan for 2011/2012 Academic Year. The interest rate is fixed at 6.8%. Students must demonstrate financial eligibility to qualify for subsidized loans. Financial eligibility is determined by a federally legislated analysis of family financial information provided on a 2011/2012 Free Application for Federal Student Aid (FAFSA). Refer to #1 of this form to determine which federal form applies to you. Students who do not.

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Direct Subsidized Loans are available only to undergraduate students who have financial need. Direct Unsubsidized Loans are available to both undergraduates and graduate or professional degree students. Subsidized and Unsubsidized Loans - Federal Student Aid Federal Student Aid https://studentaid.gov › understand-aid › types › subsidiz... Federal Student Aid https://studentaid.gov › understand-aid › types › subsidiz...

Here are some advantages Stafford loans have over private loans and other federal loans: Fixed interest rates for the life of the loan. Low interest rates. Credit history isn't a factor. Stafford Student Loans: Unsubsidized vs. Subsidized Loans - Debt.org Debt.org https://.debt.org › students › types-of-loans › stafford Debt.org https://.debt.org › students › types-of-loans › stafford

They have since been replaced by federal Direct loans, although the terms are sometimes used interchangeably. A “Stafford loan” (or really, a Direct loan) can help cover essential educational costs for undergraduate, graduate and professional students.

Maximum Loan Length: 30 years, depending on amount borrowed and repayment plan chosen. There are a number of repayment plans offered through the Direct programs. Read the Repaying Your Student Loan online for more information about repayment. Frequency of Payments: monthly or quarterly. Stafford Loans for Students - GovLoans.gov GovLoans.gov https://.govloans.gov › loans › stafford-loans-for-st... GovLoans.gov https://.govloans.gov › loans › stafford-loans-for-st...

You can identify your loan types by logging on to StudentAid.gov and selecting “My Aid” in the dropdown menu under your name. In the “Loan Breakdown” section, you'll see a list of each loan you received.

A Stafford Loan and a Federal Direct Loan are not the same. If you are currently applying for a new loan and your school uses the term Stafford Loan, they are talking about a Federal Direct Loan. However, if you attended school before July 2010, you may have a Stafford Loan and are still required to pay those loans. What is a Stafford loan? | Consumer Financial Protection Bureau Consumer Financial Protection Bureau https://.consumerfinance.gov › ask-cfpb › what-is-a... Consumer Financial Protection Bureau https://.consumerfinance.gov › ask-cfpb › what-is-a...

When you need money for college, take advantage of all the federal Stafford loans you qualify for. They may be the lowest-interest borrowing options for school, with flexible repayment options.

If you have a Direct Consolidation Loan or a Federal Consolidation Loan, you may be eligible for forgiveness of the outstanding portion of the consolidation loan that repaid an eligible Direct Subsidized Loan, Direct Unsubsidized Loan, Subsidized Federal Stafford Loan, or Unsubsidized Federal Stafford Loan.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232