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By Ken Clark, About.com Guide to Saving for College

Stafford Loans: Borrow up to $138,500 for college!

Wednesday March 12, 2008
Financial aid doesn't get any more basic than Stafford Loans. This government loan program is the most utilized and most accessible of all loan programs.

Consider the following:

  • Students can borrow up to $138,500 over their educational careers.
  • The current maximum interest on new loans is 6.80%.
  • Interest rates might be as low as 3.40% for certain students during the next five years.
  • You don't need to show financial hardship or good credit to get approved for a Stafford Loan!

If you think this program might be just what you've been looking for, take a glance at my recent profile of Stafford Loans.

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