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Subsidized FFEL or Direct Stafford Loan

The Subsidized FFEL or Direct Stafford Loan is a Loan sponsored by United States Department of Education.

Award Information:

Amount of Loan: Minimum: $2625, Maximum: $8500
Requirements: Applicant must have financial need and must have a high school diploma or a GED Certificate. Applicant must be enrolled or accepted for enrollment as a regular student working toward a degree or certificate in an eligible program. Applicant must meet satisfactory academic progress and must also be a U.S. citizen or eligible noncitizen.

Sponsorship provided by:

United States Department of Education
P.O. Box 84
Washington, DC 20044
USA
Phone Number: 800 433 3243

You can find out more by contacting:


Federal Student Aid Programs
P.O. Box 84
Washington, DC 20044
US
Phone Number: 800 433 3243

You should always investigate available information on the loan. Getting the greatest odds of obtaining money can be attained by finding out the requirements from the start and knowing if you fulfill them. A good first step is to try to recognize the potential motivations of the United States Department of Education and their reason for offering the Subsidized FFEL or Direct Stafford Loan. If you meet the requirements, verify that you have a reasonable chance of being awarded the loan. Once you believe that you have a decent shot of actually being a recipient of the Subsidized FFEL or Direct Stafford Loan, then it is worth it to put forth the effort to apply.

A crucial part of working toward obtaining the loan is paying close attention to the application. Some forms are time consuming and boring, but take the time to make sure that the forms are filled out correctly and without omission. You don't want to lose out because of some minor point.

Once the application is sent off, it's important to know when the Subsidized FFEL or Direct Stafford Loan confers the award and actually dispenses any funds so that you can know if it is possible to count on the loan to help meet your financial needs and its personal usefulness, since there might be constraints on what bills you can pay with the Subsidized FFEL or Direct Stafford Loan. You might find it challenging to cover all of your financial needs, and having the additional resources of the Subsidized FFEL or Direct Stafford Loan is often invaluable. If you don't end up getting the Subsidized FFEL or Direct Stafford Loan, don't give up, you can find different loans that you can hopefully get.

Last Updated: 12/18/2015

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