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Are there specific schools that accept Stafford Loans?
Stafford Loan Benefits:
-
Fixed interest rate - as low as 5.6%
- No payments while in school at least half-time
Yes. The Stafford Loan is a federally guaranteed loan that must be certified by your school. You therefore must attend a school that participates in the Federal Family Education Loan Program or the Direct Loan Program. If your school does not participate in one of these programs, then you will not be able to borrow the Stafford loan.
If you are unsure if your school participates in either of these programs you can visit the Student Loan Network Eligible Schools Directory for information about which schools accept which loans.
Check out our financial aid forum to post questions and engage in conversation with peers and industry leading financial aid experts.
Stafford Loan Frequently Asked Questions
- Am I eligible for a Stafford Loan?
- How do I apply for a Stafford Loan?
- Are there Stafford Loan deadlines?
- What's the difference between unsubsidized and subsidized loans?
- When do I receive the Stafford Loan funds?
- What are the Stafford Loan interest rates?
- How much can I borrow under a Stafford Loan?
- What is EFC and how is it calculated?
- What can I use a Stafford Loan for?
- Are there specific schools that accept Stafford Loans?
- Why did I receive less than what I thought I would receive in Stafford Loan funds?
- Do I have to apply for a Stafford Loan every academic year?
- Can I receive a Stafford Loan if I have bad credit/declared bankruptcy/have late payments on credit cards?
- How can I bridge the financial gap between the total cost of education (including room and board, fees, books) and the amount of financial aid I was awarded?
- Will I pay any fees for a Stafford Loan?
- What are the repayment options for a Stafford Loan?
- What are the penalties for early payment or if the loan is paid in full before scheduled (deferred) payments begin?
- What are the Stafford Loan cancellation policies?
