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Articles in the Stafford Loan Category

FAFSA, Financial Aid, News, Stafford Loan, Student Loans »

[2 Aug 2013 | No Comment | 15 views]

With bipartisan support, on July 31, 2013, the House of Representatives passed H.R. 1911, the Smarter Solutions for Students Act (also known as the Bipartisan Student Loan Certainty Act, as amended by the Senate), by a vote of 392 to 31.

President O…

Financial Aid, News, PLUS Loans, Stafford Loan, Student Loans »

[25 Jul 2013 | No Comment | 13 views]

This is still an interest rate increase masquerading as a decrease. Interest rates are at historically low levels and have nowhere to go but up. We can expect interest rates to start increasing by about 1.5% per year in 2015.

Featured, Financial Aid, News, Newsletter, Private student loans, Stafford Loan, Student Loans »

[16 Jul 2013 | 2 Comments | 3,507 views]
July Newsletter: Student Loan Changes

In this issue of the Financial Aid News, learn about the best ways to compare private loan options, find out about recent changes to financial aid, and take advantage of brand new scholarship opportunities!

News, Stafford Loan, Student Loans »

[1 Jul 2013 | No Comment | 38 views]

As you may have heard, the interest rate on subsidized Stafford loans just increased from 3.4% to 6.8%, effective July 1, 2013. Here’s what you need to know about these changes.

Financial Aid, News, Stafford Loan, Student Loans »

[26 Jun 2013 | No Comment | 9 views]

If Congress does not act, interest rates on new subsidized Stafford loans will double from 3.4% to 6.8% on July 1, 2013. Previously originated subsidized Stafford loans and all other education loans will not be affected.

Doubling of the interest rat…

Financial Aid, News, Stafford Loan, Student Loans »

[14 Jun 2013 | No Comment | 122 views]

Over the past month, you may have heard about the impending subsidized student loan interest rate increase, as politicians frantically work to come to a consensus before July 1. Right now, subsidized student loans interest rates currently stand at 3.4%…

Financial Aid, News, Stafford Loan, Student Loans »

[11 Jun 2013 | No Comment | 13 views]

With the recent legislation involving the subsidized student loan interest rate, many have begun to express concern towards the fact that if Congress is not able to reach an agreement by July 1, subsidized interest rates will automatically increase fro…

Financial Aid, News, Stafford Loan, Student Loans »

[23 May 2013 | No Comment | 18 views]

As you may recall, last year, Congress voted on whether to raise the subsidized Stafford loan interest rate to 6.8%, or keep it at 3.4%. Congress decided to prolong the decision for another year and keep the subsidized interest rate at 3.4%.

Financial Aid, News, Stafford Loan, Student Loans »

[16 May 2013 | No Comment | 16 views]

Senator Elizabeth Warren has introduced the Bank on Students Loan Fairness Act. This act would allow students to borrow at the same rate as banks, which is about “one-ninth the amount that students are asked to pay”.

Financial Aid, News, PLUS Loans, Private student loans, Stafford Loan, Student Loans »

[16 Apr 2013 | No Comment | 67 views]

To help families through this award letter season, here is a breakdown of how and when to accept—or apply for—all types of student loans.