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College loans

Subsidized Stafford loan Interest accrual Borrowing limits




Subsidized Stafford loan

Who it's for

Students who want a low-cost loan backed by the federal government.

Standard features

  • 0% loan origination fee
  • 0% federal default fee
  • Borrower discounts for other locations may be different

Deferment

Defer payments of interest and principal for six months after you graduate or drop below half-time status.

Repayment

  • Earn up to a 3% outstanding principal balance reduction upon making 36 consecutive payments on time. Each set of 12 payments during the first 36 months of repayment is treated independently for the purpose of awarding these benefits. If you fail to make the first or second 12 payments on time, you can still qualify for the next 1% principal reduction if you make the next 12 payments on time.
  • Receive a 0.25% rate discount when using automatic payments.
  • Repayment term is 10 years (with $50 monthly minimum).
  • Extend repayment period up to 30 years with alternative repayment plans.

Certain restrictions apply

Loan disbursement

Loan funds are disbursed in two or more payments on the dates requested by the school.

Are you ready to take the first step towards a better financial future?


We look forward to serving all your financial needs, and we thank you for your patronage.