Stafford loan

Definition
A need-based government loan made to students rather than their parents. The size of the Stafford loan is determined from the expected family contribution. Repayment is not required until after graduation. Unsubsidized Stafford loans accrue interest before graduation, but subsidized Stafford loans do not.




Stafford loan is ...
... part of the
Lending & Credit subject.


Related Terms

Parent Loans for Undergraduate Students -  More
Perkins loan -  More
student loan -  More
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