The Federal Stafford Loan Program (Stafford Loans) makes low interest loans available to students to help pay their costs of attending post-secondary schools. You may e eligible for a Stafford Loan if:

  • You have financial need as certified by the educational institution (Subsidized Federal Stafford Loan only)
     
  • You are enrolled on at least a half-time basis at an "eligible institution" and you are maintaining satisfactory progress as determined by your institution

Have you looked at our current Money Market and CD Rates?

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Don't forget about our Money Market Special accounts and IRA's.

July 1, 2008 - June 30, 2009

Borrower Rate

Subsidized

Unsubsdized

Undergraduate

Graduate


Federal Stafford Loans

6.00%

6.80%


6.80%

Disbursed on/after July1, 2006 but before July 1, 2008 (fixed interest rate)

6.80%


For loans disbursed between 07/01/98 and 06/30/06

In-School, Grace, & Deferment
3.61%
Repayment
4.21%


Federal Stafford Loan Notes:

  • Credit restrictions apply
  • All rates are subject to change without advance notice

Most banks and even other credit unions have commissioned tellers and loan officers. TCT does not have commissioned staff because that is not in your best interest. Fees are not in your best interest either, that is why our fees are much lower than banks and other credit unions.

The Federal PLUS (Parent Loans for Undergraduate Students) Program makes loans available to parents of dependent students. All borrowers under the Federal PLUS Program must use the loan funds received solely to pay educational costs. You may be eligible for a Stafford Plus loan if:

  • You are a parent of an eligible dependent undergraduate student who is enrolled at an eligible institution on at least a half-time basis
     
  • The student for whom you are borrowing is maintaining satisfactory academic progress as determined by the school
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NCUANEW3

July 1, 2008 - June 30, 2009

Borrower Rate

Disbursed on/after July 1, 2006 (fixed interest rate)

8.50%



Federal Stafford Plus Loan Notes:

  • Credit restrictions apply
  • All rates are subject to change without advance notice
  • TCT is not responsible or liable for errors regarding posted rates
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  • TCT Federal Credit Union is a federally regulated financial institution. Unauthorized attempts to upload information and/or change information on this website is strictly prohibited and are subject to prosecution.
     
  • Any Links maintained on this website are provided for your reference only. TCT Federal Credit Union does not control these websites, and is not responsible for their contents. Because TCT Federal Credit Union provides the links to these sites it does not imply TCT Federal Credit Union's endorsement of any material on such websites or any association with or endorsement of their operators.
     
  • While reasonable efforts are made to include accurate and up-to-date information on this site, no representations as to the accuracy, timeliness or completeness of the information are made. In using this website you agree that its information is provided "as is" without warranty, express or implied.
     
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