Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 06-16-2009, 10:30 AM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,417
Blog Entries: 3
What are the Eligibility Rules for Stafford Loans?

There are stringent rules regarding the application for Stafford Loans. These are as follows:

1. The Student must have submitted a Free Application for Federal Student Aid (FAFSA).

2. For subsidized Stafford loans, the Student must have financial need as determined by your school.

3. The Student must be a U.S. citizen or national, a U.S. permanent resident, or eligible non-citizen.

4. The Student must be enrolled or plan to enroll at least half time.

5. The Student must be accepted for enrollment or attend a school that participates in the Federal Family Education Loan Program.

6.The Student must not be in default on any education loan or owe a refund on an education grant.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What are Federal Stafford Loans? TaxGuru Education Planning 0 06-11-2009 11:35 PM
How many types of Stafford Loans are available? TaxGuru Education Planning 0 06-11-2009 11:32 PM
529 Eligibility specifics 454545 Education Planning 0 03-02-2009 02:09 PM
What is the eligibility criteria for late S-Corporation elections? katlee C-Corporation 1 07-21-2008 12:44 PM
Business Eligibility to Use Schedule C-EZ? Samatg General 0 02-08-2007 07:12 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.