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.

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Stafford Loan Frequently Asked Questions