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Re: Safford loans
Posted by What is a sAFFORD loan? on 8/13/08

    What the heck is a SAFFORD loan? You guys are pathetic. Learn to spell.

    On 4/30/08, -- wrote:
    > On 4/30/08, Patrick wrote:
    >> What are Safford loans? Are they credit based or like the SallieMae
    >> student loans? What schools offer those now?
    >>
    >> Thanks,
    >> Patrick
    >
    > Safford loans are administered by SallieMae. There are subsidized and
    > unsubsidized Safford loans available depending on your qualified
    > education expenses and income. The subsidized loans are interest free
    > while you are in school and no payments are due until six months after
    > you graduate (or drop out). The unsubsidized Safford loans carry an
    > interest charge while you are in school but no payment is due until you
    > are out of school. Outright grants are also available to DETC school
    > students. I paid all law school expenses and living expenses with
    > Safford loans while I was a student at an ABA school. The interest rate
    > is keyed to the prime rate. Currently very low.
    >
    > Check out the SallieMae website for more info.

     
     

 
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