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Re: Safford loans
Posted by -- on 8/14/08

    On 8/13/08, What is a sAFFORD loan? wrote:
    > 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

    Patrick:

    Reread the response below. The information is clear. As the information
    says "Check out the SallieMae website for more info." Then contact the
    financial aid counselor at the school you plan to attend.

    >> 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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