July 13, 2007, Newsletter Issue #25: Stafford Loans

Tip of the Week

Students who have a financial need based on the results of their federal financial aid application could qualify to receive Stafford Loans. These loans have a higher interest rate than the Perkins Student Loans, but still have the advantage of having payments deferred while you remain in school. Both graduate and undergraduate students may be eligible to receive a Stafford Loan to help pay expenses associated with the cost of their education.

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