If you to recieve good education you will need money for study. All the students need money for their education. But where and how to get it. Some take loans. One of the most popular education loans for students is the Federal Stafford Loan.
Stafford Loans are often made available through private lenders like Wachovia.
There are some reasons why students prefer Wachovia:
- Savings of up to 8.69% off original loan amount
- Quick online application
- Top-rated customer service
The size of loan by Stafford Loan program is determined by your year in school, your dependency status, and the amount your family can financially contribute to your education.
Eligibility
- You must have submitted a FAFSA.
- For subsidized Stafford loans, you must have financial need as determined by your school.
- You must be a U.S. citizen or national, a U.S. permanent resident, or eligible non-citizen.
- No payments are required while you are in school at least half time.
- You can manage your account online 24/7 at www.ManageYourLoans.com.
- There is no prepayment penalty.
- No credit check is required.
- Six-month grace period when no payments are required immediately following your graduation or dropping to less-than-half-time status.
Without prepayment penalty, credit check it is really worth your attention.