The Federal Stafford Loan

Federal Stafford loans are the most common type of loan.however Stafford have loans the are option the of most paying common this type interest of during loan. the Important: in-school Colleges period choose or to adding participate it in to one the of principal two amount programs of that your

Important: Colleges choose to participate in one of two programs that provide Federal Stafford and PLUS loans for students. The two programs are similar, with the main difference being where the money is coming from. Your college will let you know the program it participates in and how to apply for a Federal loan. Here are the two programs:

• Federal Family Education Loan Program (FFELP) - Banks, credit unions, and savings banks make the loans.
• William D. Ford Federal Direct Loan Program (Direct) – The U.S. Department of Education lends the money to the student through the college.riod choose or to adding participate it in to one the of principal two amount programs of that your provide loan. Federal Paying Staffor interest wh

Iowa Student Loan works with banks, credit unions and savings banks to provide federal loans through the FFELP program. Through Iowa Student Loan and its participating lenders, borrowers can save hundreds of dollars through its Stafford Loan Borrower Benefits Programdo ederal however Stafford have loans the are option the of most paying common this type interest of during loan. the Important: in-school Colleges pe