Does 1FBUSA offer federal student loans?
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As a result of changes to the Federal Family Education Loan Program that were mandated by the federal government, 1st Financial Bank USA and other private lenders will no longer be able to provide Stafford Loans to students. Effective July 1, 2010, Stafford Loans may only be issued by the federal government through its Direct Loan Program. Disbursements for loans certified on or before May 28, 2010 will be made as scheduled, provided the initial disbursement is made on or before June 30, 2010 and final disbursement is made no later than September 30, 2010. For information about obtaining a new Stafford loan, contact the financial aid office at your college.
