The U.S. Department of Education costs that loan fee in the amount that is principal of Stafford loan, deducted proportionately from each disbursement of this loan.
Loan Programs Federal Direct Student Education Loans Federal Direct Stafford Loans can be found to pupils enrolled at least half-time (6 credit hours for undergraduates, 4.5 credit hours for graduates) in a degree-seeking system that are U.S. Residents or eligible non-citizens. Loans need to be paid back, which means you[…]