The Federal Stafford Loan program was developed by the Department of Education to provide easy access to low-cost loans to ensure everyone has an opportunity to receive a college education. While it is always important to keep borrowing to a minimum, Federal Stafford Loans allow you to borrow the additional money you need and have the Federal Government pay a portion of the financing charges.

A Federal Stafford Loan can be available at low, subsidized interest rates. These variable-rate loans are adjusted once per year and can never exceed an interest rate of 8.25% - regardless of the interest rate you would be charged if you borrowed money for other purchases. The repayment of a federal Stafford Loan can be deferred if you return to school, are unemployed or experience a medical or financial hardship. Once you take advantage of the AFS No Fee Student Loan Consolidation ®, you can design a Federal Stafford Loan consolidation repayment plan that fits your individual financial situation – some programs allow you to take up to 30-years to repay your Federal Stafford Loan.

Below is a list of the additional benefits of Federal Stafford Loans.

• The interest may be tax deductible.
• There is no prepayment penalty.
• Federal Stafford Loan Consolidation can be done  to lower monthly payments and fix the interest rate. [ click here to learn more ]

At Academic Financial Solutions, an experienced Financial Specialist can be assigned to you and your family if you reside in Florida or Tennessee. We can help you identify your unique funding needs, compare the education options that are available to you, and assist you with the loan application process. There is no charge for federal Stafford Loan  consultation. In addition, our AFS Simple Solution ® resolves matters quickly.

*Academic Financial Solutions reserves the right to modify, extend or discontinue offering these benefits at any time without notice. Borrower benefits will terminate in the event of default or failure to meet qualification criteria. Additional terms and conditions apply; please contact Academic Financial Solutions for details.