91Ï㽶ÊÓƵ

Federal Subsidized Stafford Loan

The Higher Education Act (HEA) of 1965 (Part B, Title IV, Amended), created the guaranteed student loan programs. The Higher Education Amendments of 1992 reauthorized the HEA and renamed the guaranteed student loan programs the FFEL Program, which now comprises Federal Stafford Loans (formerly Guaranteed Student Loans) and Federal PLUS Loans. Student loans, unlike grants and work-study, are borrowed money that must be repaid.

Student Eligibility

  • You must be a U.S. citizen or eligible non-citizen
  • Making Satisfactory Academic Progress
  • Be enrolled at least half-time (6 hours)
  • Completed the Free Application for Federal Student Aid (FAFSA) or the Federal Renewal; indicate that you are interested in student loans on the FAFSA, and have the school receive the results

Interest Benefits
The federal government will pay the interest on your loan during your in-school and