Stafford Loan (subsidized)

Who Is Eligible?: Undergraduates and Graduates

Amount: "freshmen-$2,625-$3,500,sophmore-$3,500-$4,500,junior/senior-$5,500,graduates-$8,500 per year "

Credit Check?: no

Interest Rate: fixed 6.8

Repayment: 6 months after graduation or dropping to less than half-time

Contact: Federal Student Aid Information Center 1-800-4-FED-AID (1-800-433-3243) or 1-319-337-5665. TTY line at 1-800-730-8913 www..fafsa.ed.gov