May 6, 2008
If Bush signs bill, Stafford loan limits to increase
I don’t have exact details in front of me, but if Pres. Bush signs the new education bill, Stafford Loan annual limits and aggregate limits will go up.
Rumor has it that Stafford loans will go up by about $2000, meaning you’ll be able to borrow over $5000 as a freshman undergraduate – I do not have the exact figure yet, though, so stay tuned.
The interest rates will NOT change.