Federal Stafford Loans

• Low interest rates and deferred payments until after graduation. Up to 10 years to repay.
• Timely Rewards^SM: On Federal Stafford Loans disbursed after July 1, 2000, members receive a 2% rate reduction after 24 months of timely payments. And they get an additional 0.25% off the rates when payments are automatically deducted from a Navy Federal checking account or any other financial institution's savings or checking account.
• Contact your school's financial aid office to determine your eligibility.

Subsidized

• Students must pass a federal "needs" test.
• Federal government pays interest accrued during in-school and grace period.
• Payments can be deferred until six months after graduation.

Unsubsidized

• Loan is not needs based.
• Borrower pays all interest.
• Payments can be deferred until six months after graduation.

Apply for a Federal Stafford Loan!

Request an Application Packet Online or contact our Education Lending Specialists at 1-800-338-5736
(1-703-255-7625 in metro. Wash., DC).
Hours: 8:00 am to 4:30 pm, Mon.–Fri.