Low-Interest Federal Student Loans

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Direct Stafford Loans are low-interest federal student loans that help pay for the cost of education. The lender for these loans is the U.S. Department of Education. There are two types of Stafford Loans:

Subsidized: A loan for which the government pays the interest during your in-school and six month grace periods.  You will not become responsible for interest charges until the six month grace period has expired.

Unsubsidized: A loan for which you are responsible for paying all the interest that is charged starting 30 days from the date the loan is disbursed to the school and continuing until the loan is paid in full.

Repayment for Direct Stafford Loans begins 6 months after your last day of school (whether you graduate or withdraw prior to graduation). This 6 month period is referred to as your Grace Period. Once you enter repayment you can choose from several different payment options that fit your needs.

See more information about the Direct Stafford Loan Program

Apply for Direct Stafford Loans by filling out the Free Application for Federal Student Aid (FAFSA)


Direct PLUS Loans are low-interest federal loans for parents of dependent students as determined by the FAFSA. PLUS loans help pay for education expenses up to (but not to exceed) the student’s total cost of attendance minus all other financial aid assistance.

Find out more information about the Direct Plus Loan Program

Apply for a Direct Plus Loan