Keyword Analysis & Research: 2019 2020 stafford loan rates

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Frequently Asked Questions

How much can you borrow with a Stafford Loan?

Graduate students can borrow up to $20,500 a year in Stafford loans, and up to $138,500 total for their studies, including any Stafford loans taken out during college. Students in certain health fields have higher maximums, and can borrow up to $224,000 in total through the Stafford program.

What is the maximum Stafford Loan?

For students who are considered dependent, the maximum Stafford Loan amount in the first year is $5,000 United States dollars (USD), up to $3,500 USD of which may be subsidized.

Are Stafford loans based on credit?

While most loans you apply for have strict credit rating requirements, your Federal Stafford loan application decision is not based on credit worthiness. Stafford loans are given based on financial need, and are subsidized by the U.S. government.

What is a Stafford Loan and how do you qualify?

Stafford Loans are the most common financial aid available to students entering college and nearly every applicant is eligible for either a subsidized or unsubsidized loan package. To qualify for a subsidized Stafford Loan student must meet the income requirements for need based aid .

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