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Stafford College Loan
A recent article in USA Today claimed that students were not applying for federal financial aid, in the form of a Stafford college loan, before turning to private lending companies.The article, titled “Students Often Overlook Federal Loans That Are Great Deals,” cites recent legislation which created fixed interest rates on federal loans. The article’s author notes, “Stafford loan borrowers will never have to spend more than 15% of their discretionary income on loan payments.”
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- A Parent's College Savings List - Part 1
- A Parent's College Savings List - Part 2 Contribution Investment Limits & Eligibility
- A Parent's College Savings List - Part 3 Beneficiaries, Distributions & Qualified Expenses
- A Parent's College Savings List - Part 4 Tax & Financial Aid Implications, Misc. Items
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