Re: Safford loans

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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.