The main components of the federal Stafford student loan are the two types of financing programs for post-secondary students.
Stafford loans are under the management of the Us agency of education and contain the William D. Ford Federal Direct Loan (Direct Loan) agenda and the Federal family education Loan (Ffel) Program.
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Only students can apply for a Stafford loan by filling an Fafsa (Free Application for Federal Student Aid) and send it to whatever school they want. Once the form is reviewed, the school decides the financial eligibility.