The US Bank Federal Stafford Loan is a student loan that comes in subsidized or unsubsidized varieties. The subsidized loan is need-based and allows you to pass accrued interest payments to the government while you're in school. The unsubsidized loan allows you to defer interest payments until after you finish school. Payments start six months after graduation. In most cases, US Bank covers the origination and default fees.
US Bank has made it very easy for me to obtain both my subsidized, and unsubsidized Stafford loans. I have found that their loan programs have been much easier to deal with than their regular banking. My branch has a dedicated team for student loans and have always been able to answer my questions. Going through US Bank has been much better than my experience with My Rich Uncle.
I don't know if I would be able to go to school without these loans. I'm not a fan of our current government, but thank goodness for government loans! It is very difficult to get a loan when you are young and have no credit, or money. As long you qualify for financial aid, you can get these loans. I think the best part of it, is not having to pay them off until after you graduate. If your loan is unsubsidized, you have to pay interest while you are in school, but it's not a lot and is very affordable to a majority of college students. If you qualify for it, take adavantage of it!
The Federal Stafford Loan allowed me to complete my education when I had few options. I was able to pay it off quickly after graduation
| Type | Today | Week Ago |
|---|---|---|
| 15 Year Fixed | 4.62%  |
4.67% |
| 30 Year Fixed | 5.15% | 5.15% |
| 1 Year ARM | 3.48% |
3.51% |
| 5/1 Year ARM | 3.62% |
3.68% |
| Type | Today | Week Ago |
|---|---|---|
| Line of Credit | 4.89%  |
4.88% |
| 10 Year Loan | 7.47% | 7.47% |
| 15 Year Loan | 7.61% |
7.60% |
| Type | Today | Week Ago |
|---|---|---|
| Interest Checking | 0.28% | 0.28% |
| Money Market/Savings | 0.38% | 0.38% |
| 12 Month CD | 1.13%  |
1.15% |
| 60 Month IRA CD | 2.40% |
2.41% |
| Type | Today | Week Ago |
|---|---|---|
| Cash Back Cards | 12.66% |
12.68% |
| No Annual Fee Cards | 12.08% |
11.97% |
| Reward Cards | 12.75% |
12.61% |
| Small Business Cards | 11.01% |
10.94% |
| Student Cards | 13.77% |
13.49% |
| Platinum Cards | 12.26% |
12.11% |
