Why applying for a Stafford loan?
A Stafford Loan is one of the smartest and most affordable ways to pay for college. Stafford Loan rates are low, and the repayment is postponed until you graduate. Interest rates currently at an all-time low, 3.37%. In-school rates are even lower, 2.77%. No collateral or credit check required No payments while in school Automatic debit discount of 0.25% plus an interest-rate reduction of 2.0% after 48 consecutive on-time payments.