The Federal Stafford Loan is an affordable, low-interest loan designed for undergraduate and graduate students. Choose Wachovia for these great advantages:

• Save up to 9.46% of the original loan amount with no origination fee and Triple Payback^® rebates*
• Fixed interest rate of 6.8%
• No payments while enrolled
• No payments for six months after leaving school
• Apply online for faster funds

Apply Now for a Stafford Loan

*This program may be modified or discontinued at any time without notice. Program changes will not affect loans that qualify for the benefit prior to the time of the change. Other terms and conditions apply. Visit educaid.com for complete details and eligibility requirements.

Subsidized vs. Unsubsidized

Depending on your level of financial need, you may be eligible to borrow a “Subsidized” or an “Unsubsidized” Stafford Loan, and in some cases, both. With Subsidized Stafford Loans, the government pays the interest that accrues on the loan while you are enrolled, during your six-month grace period, and during deferment. Your school of attendance will determine your eligibility for these loan types.

Low Variable Interest Rate

These interest rates apply from July 1, 2004 to June 30, 2005, are adjusted annually on July 1, and cannot exceed 8.25%.

4.70% while in school, during grace, or deferment.
5.30% for loans in repayment.

Borrowing Limits and Repayment

Loan amounts vary depending on your year in school and whether you are considered a financially dependent or independent student. Normally, you will have up to 10 years to repay your Stafford Loan.

Apply Now for a Stafford Loan

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