Estimate Your Monthly Loan Payments. Estimate how much your monthly payments will be when it's time to pay back a loan. Start Over. Directions: Enter your information. Don't use punctuation or symbols. Amount of the Loan: $. Interest Rate: %. Repayment Period: Months.
http://www.educationplanner.org/students/paying-for-school/calculators/estimate-monthly-payments.shtml
Trending Now. Answers. Best Answer: Loans *always* have to be paid back, which means you repay the total amount you receive as a loan (say, $5,000), plus any interest the lending agency charges (which could be 5%, 6% or some other figure) while you are making use of their money.
https://answers.yahoo.com/question/index?qid=20120124200451AAUEGQy
Students making use of a Stafford loan are required to receive paperwork detailing an estimated payback figure, showing you that your loan repayment figures will be $xxx a month for xxx months. This estimate should help you decide if a loan is a realistic financial aid choice for you. Hope this information is helpful.
https://answers.yahoo.com/question/index?qid=20120124200451AAUEGQy
Direct Stafford Loan. Direct Stafford Loans are student loans that must be repaid and are available to both undergraduate and graduate students. First-year undergraduates are eligible for loans up to $5,500. Amounts increase for subsequent years of study, with higher amounts for graduate students. The interest rates may vary based on when the loan is borrowed.
https://fafsa.ed.gov/help/staffordloan.htm
Subsidized and Unsubsidized Loans. Subsidized and unsubsidized loans are federal student loans for eligible students to help cover the cost of higher education at a four-year college or university, community college, or trade, career, or technical school.
https://studentaid.ed.gov/types/loans/subsidized-unsubsidized
Stafford Loan. A Stafford Loan is a student loan offered to eligible students enrolled in accredited American institutions of higher education to help finance their education.
https://en.wikipedia.org/wiki/Stafford_Loan
Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need. Your school determines the amount you can borrow based on your cost of attendance and other financial aid you receive.
https://studentaid.ed.gov/types/loans/subsidized-unsubsidized
Direct Subsidized Loans. The federal government pays the interest on Direct Subsidized Loans while you are enrolled in school on at least a half-time basis, during the 6-month grace period, and during other periods of authorized deferment. Learn more about eligibility, loan limits, and how to apply.
https://www.edvisors.com/college-loans/federal/stafford/
Students applying for a Stafford Loan or other federal financial aid must first complete a FAFSA. Stafford Loans are available to students directly from the United States Department of Education through the Federal Direct Student Loan Program (FDSLP, also known as Direct). No principal payments are expected on the loan while the student is in school enrolled at least half-time, referred to as in-school deferment.
https://en.wikipedia.org/wiki/Stafford_Loan
Log In to My Federal Student Aid. View your federal student loan and grant history, and find out where to make your loan payment. Please note that My Federal Student Aid may be unavailable from Saturday nights at 7 p.m. through Sunday mornings at 11 a.m. Eastern time due to scheduled maintenance.
https://studentaid.ed.gov/
direct stafford loan estimate definition
The estimation of Direct Stafford loan for first-year undergraduates is $5,500. According to The Direct Stafford Loan, First-year undergraduates are eligible for loans up to $5,500.