* Please be aware that due to current conditions in the student loan market in particular and in the financial sector in general, NextStudent is not currently able to accept any new PLUS, Grad PLUS, Stafford, or Federal Consolidation Loan applications.
Pay your own way through school.
Whether you’re in college or graduate school, whether you’re on your own or your parents are helping out, you can get the money you need for school with a low-interest Federal Stafford Loan from NextStudent.
- Low, fixed interest rates
- No payments due while you’re in school
- No credit checks
- No application fees
- No prepayment penalties
- Fast and easy online application with e-signature
- Consolidate your Stafford loans and you could substantially lower your monthly student loan payments.
Given to you in your own name and awarded both with and without consideration of financial need, Stafford loans from NextStudent offer a self-help financing option that’s available to you regardless of how much money you or your parents make.
You’re already worried about finals. You shouldn’t have to worry about repaying your student loan.
With a Stafford student loan from NextStudent, you’ll never have to make any payments while you’re still in school at least half time-so you can concentrate on your classes instead of on how you’re going to make your monthly loan payment.
What’s a Stafford loan?
Stafford loans are low-interest, federally guaranteed student loans available to both eligible undergraduate and graduate students for tuition and other school-related expenses.
Stafford loans can be either need-based or non-need-based, so they can help a wide range of students in almost any kind of financial situation who are searching for low-interest ways to pay for their studies.
What’s the difference between a subsidized and an unsubsidized Stafford loan?
Subsidized Stafford loans are awarded on the basis of financial need. With subsidized Stafford loans, any interest that accrues while you’re in school, in deferment or in a grace period is paid by the government. If you’re in forbearance, you’ll be responsible for paying any interest that accrues.
Unsubsidized Stafford loans are non-need-based, so if you’re an eligible undergraduate or graduate student, you can qualify for unsubsidized Stafford aid regardless of your own income or your parents’ income. With unsubsidized college loans, even when you’re not making payments (while you’re in school, in deferment, in forbearance or in a grace period), interest is accruing, and you’ll be responsible for paying that interest.
How much do Stafford loans cost?
