HAMLINE UNIVERSITY'S FEDERAL STAFFORD LOAN PREFERRED LENDER LIST
Please note that the above information does not constitute an endorsement of any lender by Hamline University. Contact lender for current information.
The Federal Stafford Loan has an origination fee of up to 1.5% and a default fee of up to 1.0%.
Origination and default fees will be deducted from the proceeds of your loan. Some lenders pay a portion of these fees on behalf of the students. Please contact the lenders for more specific information or visit their Web site.
The current in-school interest rate for Staffords Loans is 6.80%.
Loan Repayment Programs: Various loan repayment programs may reduce your interest rate during the repayment period. These programs may change or be discontinued without notice. For more information contact the lender of visit their Web site. If loans are consolidated, repayment benefits may not apply.
Information above was correct as of 01/08/07.
|
Year in School |
Annual Stafford Loan Limits* |
| SchoolFreshman |
$ 3,500 nnual Staffordn Limits* |
| Sophomore |
$ 4,500 |
| Junior - Senior |
$ 5,500 |
| Licensure/Postbac |
$ 10,500 |
| Law/Master/Doctorate |
$ 20,500 |
*Effective 7/1/2007
Independent undergraduate students may be eligible for additional annual Stafford Loan funding, depending on their eligibility.
Although Hamline University has a preferred lender list, you are welcome to borrow from any Federal Stafford Lender you choose, even if that lender is not on the list above.
