Stafford loans are education loans that are insured by the government, so the interest rates on them are pretty low. There are two types of Stafford loans:

Subsidized Stafford Loans are a great way to go, because the federal government pays the interest on them while you're in school at least half-time. To get a Subsidized Stafford Loan, you have to prove financial need.

Unsubsidized Stafford Loans are available to students regardless of their need or income level. With these loans, you can either pay interest while you're in school, or hold off your interest payments until six months after graduation (or until you drop below half-time.)*

With special programs through SunTrust, you find ways to save on Stafford loans, which will make it easier to pay back what you've borrowed. If you want tons of details, check out our comparison loan chart.

Ready to apply for a Stafford loan? Download a loan application online today!

*	Interest will accrue during deferment and be capitalized (added to the loan balance) at the end of the deferment period.