Stafford Student Loans

The subsidized Stafford Loan is a need-based loan. To be eligible, the financial need must be certified by the educational institution and the student must be enrolled at least half time and maintain satisfactory progress determined by the educational institution. The total dollar amount a student is eligible for is determined by the school.

Financial aid from the unsubsidized Stafford loan is not based on need. The amount of the loan is determined by the school. It takes into account the total cost of the program for the year, the resources available from the student or family, and the total of any other financial aid expected. We also have available the Federal PLUS loan program for parents/stepparents who don't qualify for financial aid. There is no annual or aggregate limit. And you may borrow an amount equal to the cost of education minus any financial aid received by the student. It's a parent's dream to see a child graduate from college. And rightly so. So if you need a loan to help cover college expenses, stop by or call us for a Federal PLUS loan application.

Free College Financial Aid Guides          

To help you understand all the details and guide you through the basics of financial aid requirements, we have these complimentary booklets.  

You can stop at either of our offices to pick up a copy, or download them here.  Always feel free to give us a call if you want to talk with a loan officer.  608-754-7950.

The online version of our brochures are Adobe's PDF format. To read them you need the Acrobat Reader™.

Adobe® Acrobat® Reader™ is free software for viewing and printing Adobe PDF files. This software that lets you view and print Adobe Portable Document Format (PDF) files on all major computer platforms, as well as fill in and submit PDF forms online.

It is likely that the Acrobat Reader is already installed on your computer, but if you find that you cannot read the newsletter files, it is very easy to download the software and install it.

Easy Student Loan Payments through Loan consolidation.

Federal guaranteed student loan rates have dropped to the lowest rates in the program's 38-year history. So don't miss this opportunity to lock your student loan rates into the lowest rate ever

This brochure will help you understand the Federal Consolidation loan.  You can stop at either of our offices to pick up a copy, or contact us for one.  

For more information, and a consolidation, please go to the "Borrower" section of this Web site, www.glhec.org and then Loan Consolidation. Or call Great Lakes Higher Education Corporation 1-800-236-6600. Our credit union lender number is 832272.