LoansPaying For Education |
What is a Direct Stafford Loan? |
The Direct Stafford Loan, from the William D. Ford Federal Direct Loan Program, is a low interest loans for eligible students to help defray the costs of undergraduate education at a four year college or university, community college, or trade/career/technical school. Eligible students borrow the money directly from the U.S. Department of Education at all participating schools.
If all else fails, student loans are a sensible way to pay for college. These loans typically offer low interest rates, and you do not have to start paying them back until after you have graduated or are earning an income.