These loans come in two types: subsidized and unsubsidized.
Subsidized Stafford loans are based on a demonstration of financial need.
The National Student Loan Data System will indicate the current servicer of your loan.
Federal regulations require Federal Stafford and Federal Perkins Loan borrowers who leave school, drop below half-time status, or graduate to complete exit counseling.
Students may not always qualify for the maximum amount - check with your financial aid office.
Apply for a Stafford Loan Now You first must complete the Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA.
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You should open all of your mail so that you do not miss this notification.
If your loan is sold, you may need to send payments to a different address and to notify the new servicer if you move.
Stafford Loans are available for students attending schools that participate in the William D.
Ford Direct Loan Program, including four-year universities and colleges, community colleges, and trade, career and technical schools.