Student Loans

QWhy Should I Take Out A Stafford Loan?
AStafford loans are flexible, low rate federal loans that offer several benefits not available through other alternate financing sources, such as high APR private loans or home equity lines of credit. 1. Cover all or part of your cost of education 2. Get a low, variable interest rate currently at 2.77% - with a maximum cap of 8.25% 3. Make payments over a flexible 10 year term 4. Pay off your loan early Ö with no penalties 5. Have access to payment deferment and forbearance 6. Consolidate during your grace period and receive a 0.6% rate discount 7. Get certain tax deductions Ö consult your tax advisor for eligibility