Stafford Loan News
Stafford Loan news articles and updates to help students and their families understand the federal Stafford Loan program, and how to finance their education through federal student loans.
Elizabeth Warren Calls for Student Loan Changes
May 16 2013 - Senator Elizabeth Warren has introduced the Bank on Students Loan Fairness Act. This act would allow students to borrow at the same rate as banks, which is about "one-ninth the amount that students are asked to pay".
When to Get Student Loans
Apr 16 2013 - To help families through this award letter season, here is a breakdown of how and when to accept—or apply for—all types of student loans.
Stafford Loan Déjà Vu: Interest Rates Set to Double Once Again
Apr 10 2013 - Once again, subsidized student loan interest rates are facing an impending increase. Without action, students may see rates double to 6.8% next year. Learn more!
Can You Refinance Student Loans?
Mar 18 2013 - TweetYou can refinance your mortgage, but can you refinance your student loans? The short answer is: possibly. Let me elaborate. Refinancing is a tool commonly used by borrowers in the housing industry to lower interest rates. In regards to student loans, refinancing options are not widely available and depend on the type of loan you [...]
Sequester Impacts on Financial Aid
Mar 6 2013 - The recent sequestration has impacted education across the board, and Higher Ed. is no exception. Here's a brief overview of what to expect from student aid programs going forward.
What color is the FAFSA form this year
Oct 3 2012 - TweetEvery year we get the same question, so here is your answer: For the 2013–2014 year, the FAFSA will be green, with a purple section for parents. For the current year, 2012–2013 the FAFSA is orange. In previous years: 2011–2012 FAFSA was Yellow 2010–2011 FAFSA was Blue For detailed information on completing the FAFSA, visit [...]
Student Loans: Where to Turn First
Aug 24 2012 - You may have heard of Stafford loans, PLUS loans, and private student loans, but do you really know the differences between them? Is one type of loan really better than the other? Let's find out.
5 Private Student Loan Statistics
Aug 6 2012 - Student loans have been all over the news in the past year, and borrowers are researching college financing options more than ever. In light of this, it's important to know the facts so you can make better-informed decisions about paying for college.
Financial Aid Changes for 2012-2013
Jun 29 2012 - With all this talk of the impending Stafford Loan interest rate hike, many other regulation changes have been overlooked. Starting July 1, there are a handful of other updates to federal loan programs that borrowers should be aware of. These changes will not affect loans that were originated before July 1, only loans originated for 2012-2013. Here's a breakdown of what you can expect to see for this upcoming academic year.
UPDATE: Stafford Loan Interest Rates
Jun 6 2012 - Recently, the U.S. Senate rejected President Barack Obama’s plan to maintain the 3.4% interest rates on federal student loans. If both parties are unable to agree on terms by the July 1 deadline, the rate will jump to 6.8%.
